DOMINION’S BUTTER

Greymouth Evening Star, 1 August 1929, Page 5

DOMINION’S BUTTER

IMPORTS BY CANADA OPPOSITION CAMPAIGN (United Service.) VANCOUVER, July 31. i The Conservative Leader, Mr Bennett, addressing a meeting at West Vancouver on Tuesday night, said regarding the extension of favoured nation treatment to New Zealand : “Four years ago, before there was any such arrangement, our dairy farmers supplied our butter requirements, and we exported some.. Last year as the result of the action of our Government, we had to import twenty million pounds of butter, principally from New Zealand —45 cents per pound was paid for this butter. I want this 45 cents here —not in New Zealand. That is the difference, between the Liberals and myself. Canada had 101,000 fewer cows to-day, as the result of butter coming from New Zealand. Suppose it happened you coiild not get butter from New Zealand, how would our needs be supplied, since we have 101,000 fewer cows. This country would be in a state of economic dependence. You can never make' a country if you allow the glut production of another country to be loaded into this Dominion and destroy our own industry. The only way to succeed was to develop Canada for Canadians. Conservatives had been accused of being high protectionists. Conservatives had never stood for high protection, but the protection proposed by the Conservatives was that which would give the Canadians fair competition.”

U.S.A.’s STRONG POSITION.

(Australian Press Association.) (By Cable —Press Assn —Copyright.) '■ PARIS, July 31. Signor Mussolini publishes a remarkable article in a journal, entitled “American Protection and the Economic Future of Europe.” He pithily describes the United States as a nation producing 60 per cent, of the world’s petrol, half its iron and steel, ninetenths of its motor cars, and fantastic proportions of coal and cereals. He adds: “Mass production its the contribution of America to our epoch.” He goes on to say that the home markets of the United States are closed to Europe by prohibitive tariffs. There is no exchange. Europe buys from America .twice as much as she sells, and as a result Europe must pay excess in gold, which is producing a glut in America and lack of gold in Europe. To what end is her gold being piled up? It .is not an edible product. The only course for Europe is to reduce importations from America, and organise within her own boundaries a tendency which is already visible.” He concludes : “America has won the battle for industrial supremacy. All that is left for Europe is to defend herself in her own markets and a few neutral markets. ’ ’

EMPIRE’S CO-OPERATION.

LONDON, July . 31. The “Morning Post” is alarmed at the increasing American tariffs. It says if the Government showed a true conception of statesmanship, it. might say to the Dominions: “Let us join in protecting ourselves against American imposition. Let us build a tariff wall, and so shape our trade as to make the British Empire independent of the whole world. In the absence of official initiative, it rests with representatives of industry to shape Imperial policy. British commerce must get busy, otherwise it will wake up one morning and find even Dominion ferences gone; then the country will shrink from an Empire into an island. ’ ’