INSULATION NOT DESIRED.
FINANCE MINISTER’S VIEW. EASING OF RESTRICTONS Per Press Association. AUCKLAND, July 18. Prospects of the release of the import embargo at the beginning of the new year were held out by Hon. W. Nash in a letter to a leading English, biscuit manufacturer, a copy of which was received to-day by an Auckland wholesaler. It states that the embargo on certain imports is to he regarded as a temporary measure compensating tor tlio previous excessive imports, which in some cases had built up stocks to abnormal levels. The letter adds: As soon as we are in a position to do so (present restrictions will operate until the end of 1939) imports will be resumed to the full extent of our ability. . Mr Nash adds: We. have no wish to mirsuc a policy of insulation or selfsufliciencv, and, most of all wo are anxious to maintain and extend our trade both ways with Great Britain.
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Bibliographic details
Manawatu Standard, Volume LIX, Issue 195, 19 July 1939, Page 10
Word Count
157INSULATION NOT DESIRED. Manawatu Standard, Volume LIX, Issue 195, 19 July 1939, Page 10
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