REDUCTION IN DUTIES
HOSIERY AND KNITTED' WEAR.. REQUESTS BEFORE COMMISSION. (By Telegraph—Press Association.) WELLINGTON, Nov. 4. Submissions were made by Mr G. O. Sutton on behalf of the National Federation of Hosiery Manufacturers’ Associations in England and Scotland to the Tariff Commission to-day asking for a- reduction in the duties at present levied on hosiery and knitwear imported into New Zealand from the United Kingdom. Mr Sutton contended that the United Kingdom producer had not as yet been afforded an opportunity of reasonable competition with the New Zealand manufacturer, and suggested that, without detriment to the New Zealand industry and with considerable advantage to* the consumer in- New Zealand, the existing duties on United Kingdom .goods might be reduced to* a net 15 per cent. The present duties averaged 27} per cent after 10 per cent bad been added to the home consumption value.
The New Zealand manufacturer had three protective factors in his favour —that afforded bv geographical position, that afforded by statutory tariff, and that afforded by the depreciation of exchange.
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Hawera Star, Volume LIII, 6 November 1933, Page 4
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173REDUCTION IN DUTIES Hawera Star, Volume LIII, 6 November 1933, Page 4
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