FOOD EXPORTS

Manawatu Standard, Volume LIV, Issue 294, 9 November 1934, Page 7

FOOD EXPORTS

THE LONDON NEGOTIATIONS

WHAT NEW ZEALAND IS SEEK-

(By Telegraph—Special to Standard.) WELLINGTON, Nov. 9.

Significant references .to negotiations now proceeding in London regarding the regulation of food imports into Britain were made by the Minister of Finance (Mr Coates), when discussing the Agricultural (Emergency Powers) Bill this morning.

JJe wished, lie said, to create an atmosphere which justified this class of legislation and what was facing New Zealand.

“This very day we are discussing a short term and, at the same time, a long-term arrangement for two years, not because we want it, but the sterling market says to us it wants our quantities in total and specifies the types of produce that we are to send to the United Kingdom market for the next two years. Then immediately someone has to say what quantity of each kind has to be sent and an argument has to take place as to what consideration shall be given _ the various types and weights. And it is a limited quantity —you cannot move past it. You are bound to have a surplus. And what are we do _do with it-’ Markets have to be organised. Mr W. E Parry. That is very interesting. ~ The Minister: Yes, you say the Government can do it, but unless the community recognises the change m economic circumstances it is open to the most terrific criticism in so far as some interests can use prejudice and say that the Government should have done this or that and what different arrangements could have been made. Mr W. Nash: referring to the Executive Commission: Is it not a full time job? . Mr; Coates: Asolutely. There is no question about it. ‘ The Minister pointed out that proposals were being considered for the export of all classes of beef to Britain. Two definite steps were being taken—one, to get an extenson of the present agreement for three months, and the other, to get an extension for two years or more.