BE CAUTIOUS.

Franklin Times, Volume 11, Issue 867, 21 November 1923, Page 5

BE CAUTIOUS.

CHAMBER OF COMMERCE CONFERENCE.

PRESIDENTIAL ADVICE.

(Per Press Association)

AUCKLAND, This Day

About forty Dominion delegates attending the conference of the New Zealand Association of Chambers of Commerce were accorded a civic reception by the Mayor, Mr J. H, Gunson.

In the presidential address at the opening of the business of the conference, Mr H.. W. Hudson, of Auckland, said that compared with two or three years ago the prices for our wool and the bulk of our meat showed distinct improvement. Butter. and cheese had shown consider, able variations in price, arid for the present season prices appeared to be at a fairly high level. Experts in the dairy produce trade, had, however, deemed it advisable to utter a word of warning, They expressed grave doubts whether these prices can be .maintained .dpifing’ the next few years. The Dominion's internal been far from buoyant, During past twelve months, importers would be well advised to observe caution. .. /!, , ; Tax»iieu«. ;

, A £*mi4 moved jby Mp S. .Paterson' (Canterbury) was carried tp the effq«itthat,..whilst . reductions in . taxation .already made were regarded , wit h, satisfaction,. it- it yvas regretted that many grave anemplies still ex. istfd/ in the ..methods and* .of New Zealand taxation*,and alsb urging on, the Government the great need existing for further, economies .and further reforms-,<?f .taxation mat..r,. ..: •A..- Hr J* T, Martin (Wellington) moved a resplution declaring, that freei dam from taxation and rating enjoyed , by institutions.. controlled by State and local bodies engaged in State competition to be improper, and expressing, an opinion that all .businesses be placed on an equal footing. The remit was carried.