THROUGH IRISH EYES

Manawatu Standard, Volume LIV, Issue 117, 17 April 1934, Page 7

THROUGH IRISH EYES

OUR BRITISH TRADE. ECONOMIC WAR TALK. VALUE OF OWN MARKET. (United Press Association. —By Electric Telegraph.—Copyright.) Received April 17, 10.20 a.m. LONDON, April 16. The Irish Press says that New Zealand, through’ the same stern economic facts as Ireland, has been driven to conclusions which far-seeing Irish leaders reached years ago. She must rely on the home market created by the establishment of secondary industries, diversifying agriculture to feed her own people rather than Englishmen. “England has not yet declared an economic war on New Zealand, but she is considering measures which would inevitably restrict New Zealand exports. The facts in New Zealand justify the Fianna Fail’s policy in Ireland,” the Press adds. THE BEEF TRADE. PRICE-RAISING MOVE. POSSIBLE SERIOUS EFFECT. LONDON, April 16. Commenting on the beef position, the Financial News says : The scheme of the Reorganisation Commission for Fat Stock may have a serious effect on Britain’s political relations with the Dominions. The chief proposal is the restriction of imports, abandoning any attempt to restrict home production. The commission proposes to regulate imports in accordance with information gathered regarding home supplies. The result will be that the price of frozen and chilled meat will rise and consumption fall, but there is no certainty that consumption will ho diverted to fresh meat. It is admitted that British costs of production are' far in excess of foreign and Dominion costs. A diminution of the autumn glut may eventually be achieved, but in the meantime we shall have offended the Dominions and the Argentine, thereby causing adverse reactions to our export trade, and we cannot be certain materially to improve the position of British tanners.

The Daily Telegraph says: The suggestion of negotiations may not be very welcome, but the Dominions understand the position, and can be expected to agree to some measure of restriction. Shipowners have offered a concession for the remainder of the year for the carriage of chilled beef, which is still regarded as in the experimental stage. It is understood that they are prepared to carry chilled beef on the basis of Ifd per pound, to be charged on the actual weight of the meat shipped instead of on the basis of cubic feet of space occupied. OTRANTO’S SHIPMENT. SELLING BELOW ARGENTINE. Received April 17, 9.50 a.m. LONDON, April 16.

The Otranto’s chilled beef cargo arrived in perfect condition, selling slightly below the Argentine level.