TRADE WITH BRITAIN.

Hawera Star, Volume XLV, 9 November 1925, Page 9

TRADE WITH BRITAIN.

NEW ZEALAND’S CUSTOM. HIGHEST RATE OF ALL COUNTRIES. The importance to. Britain of her trade with New Zealand is emphasised by Sir James Allen in an article in the Manchester Guardian’s Wemblej' number, “New Zealand is the greatest purchaser, per inhabitant, of British manufactures,” he says. “Every New Zealander bought during 1924 nearly £l7 worth of British goods. The I, people purchased goods valued at over £23,000,000 from Great Britain. Last year New Zealand took 2.71 per cent, of the total output of the United Kingdom. This figure may seem smallin relation to Britain’s total output, but the highest purchase by any one country —that of India —stood at only 11. per cent, of the whole, and that of America 7.78 per cent. New Zealand imports more British goods than does Russia, Sweden, Norway, Denmark, Spain, or Italy. One of the particular functions of the exhibition has been to show how this trade can be increased. On her side New Zealand is capable of greatly enhancing her exports. She looks to Britain to absorb v the greater quantity of her developing outputs year by year. The Dominion is yet comparatively sparsely settled, and as British emigrants are absorbed, and with her own natural increase ip population, she will add each, year to her volume of trade. Since 1904 the United Kingdom’s trade with New Zealand lias increased over 300 per cent., but in that time trade with the United States lias increased by well over 400 per cent. If the British manufacturer wants the trade of this Dominion lie must be prepared to combat strong competition from foreign countries, even though the Empire products are supported |by substantial tariff preferences.”