N.Z. TRADE WITH CANADA

Hawke's Bay Tribune, Volume XXIV, Issue 93, 3 April 1934, Page 9

N.Z. TRADE WITH CANADA

Dumping Duty Unimportant IMPERIAL - LIMITATION By Telegraph—Press Association. CHRISTCHURCH, April 2. “Our trade with Canada in butter is so small and the prospects for increasing it so small that this new duty cannot make any material difference to New Zealand’s butter industry,’’ said the Prime Minister, the Rt. Hon. G. W. Forbes, in commenting on a cablegram from Ottawa stating that mi Order-in-Council had been passed imposing exchange dumping duty on importations of New Zealand butter on and after January 26, 1934. Canada had simply done what already had been done in New Zealand. Mr Forbes explained that the Government had power to put on additional duty to meet the depreciated currency of any country from which it wag receiving goods. Referring to the talk of a quota in Britain, Mr Forbes said there was no question of limitation of imports being imposed by the Imperial Government in the near future. The market was open to New Zealand exporters, and it was for them to do their best with it. If any limitation were imposed it would now have to be by the suppliers themselves and not by the

He added: “So far as the Government knows there is no likelihood of the quota discussion being reopened, and it will not be of the slightest use io send a Minister of the Crown or anyone else to London unless ho had a definite proposal to make that would be likely to attract the Imperial Government and especially representatives of milk industries in Britain.