NEED FOR EXPORT TRADE

Hawera Star, Volume LIV, 4 May 1934, Page 5

NEED FOR EXPORT TRADE

—— v PROBLEM FACING BRITAIN ASSURANCE TO DOMINIONS NO LACK OF SYMPATHY. INQUIRY FROM NEW ZEALAND. .United Press Association—3y Electric Telegraph Copyright). LONDON, May 3. : The Government will assure the Dominions that its refusal to sacrifice the foreigner is due solely to the need for retaining Britain’s export markets and that it should in no way be regarded as an act of unfriendliness towards the Dominions, says the “Daily Telegraph’s” political correspondent, discussing New Zealand’s free trade inquiry. * . A “Daily Telegraph” editorial article urges the Government to continue to seek an agreement with the Dominions on quantitative lines, affording the producer a higher price for smaller supplies. .Replying to Mr G. L. Marnier s question in. the JLoqse . of Commons whether he would consider the adv'-s----ableness of a*general consultation with the Dominions on the issues raised by New , Zealand’s inquiry as to the possibility \of agreement for mutually free markets."' Mr Ramsay MacDonald, Prime Minister, said the Governmenthad received no indication from any of the Dominions that such an arrangement was desired' or that it would be acceptable. Therefore he saw no reason to think, such a consultation would be or. any advantage.

COMPETITION IN TEXTILES.

QUOTA AGAINST JAPANESE

LONDON, Alay 3

As a result of negotiations . among the Government Crown colony administrators and Lancashire industrialists an agreement has been reached to restrain Japanese competition in textiles bv means of quotas. It is believed that Air AValter-Rnnci-man, president of the Board of Trade, will to-day inform Air L. Ma.tsudaira, Japanese Ambassador in London, that Britain will be compelled to put quotas into operation failing an agreement being reached. . When- asked' for a -statement on the conversations between the British and Japanese Governments relating to the cotton and rayon industries Air Runciman said he was having -further consultations w'ith the Japanese Ambassador. i