RECIPROCAL TRADE

Hokitika Guardian, 7 November 1936, Page 5

RECIPROCAL TRADE

“INSULAR VIEWS”;

DOMINION POLICY- CRITICISED*

A (Per P.ress Association.—Copyright)*

WELLINGTON, November .6.

Saying that there were; many signs of ..resentment at Home of New Zealand’s "insular view bn reciproeal trading,” Mr 0. W. Rudd, president of the United Kingdom Manufacturers’ and .New Zealand Representatives’ Association, ;stated, at the annual meeting of this body that the Dominiou was rapidly losing the goodwill of Great Britain..

“This year has been a most difficult one for traders beci use of the uncertainty caused by . the political change and the consequent possibility of a change of policy,” said the president. “Particularly was this so when we were given such definite assurances by” responsible members of the Government thatj the sales xas and exchange were to be removed. This now seems to be farther off than ever. Under such conditions trading from the' United Kingdom is severely handicapped; and one is forced to the conclusion v that United Kingdom manufacturers have .received a very raw deal." "A 1 :••• Uv.. •- “It is well 'for us to remember,”' concluded Mr Budd, “that in the times of-oiir'former-prosperity our exporters and imports to' and and from Great Britain are fairly'evenly balanced. In order again to secure the growing prosperity of the world, wp should do

everything \possible to' maintain an even balance of trade with the United Kingdot.” ... .