Japan’s Assault on Australia

Manawatu Times, Volume 61, Issue 194, 18 August 1936, Page 7

Japan’s Assault on Australia

Low-priced Goods Flooding Market

MR LYONS DEPENDS TRAUE

EMBARGO

United Press Association—By Electric Te! eeraph. —-Copyrleh t. Received Tuesday, 1.30 a.m. SYDNEY, Aug. 37.

In a broadcast speech to-night, the Prime Minister (Mr J. A. Lyons) reviewed the events leading to the present stalemate with Japan, the responsibility for which, he said, rested with Japan. Mr Lyons said it had been reported that Japan was holding off for the opening of the new wool season or possibly waiting for the re-opening of Parliament in September. lie trusted the report was incorrect for nothing had happened or was likely to happen which would cause the Commonwealth Government to alter its attitude in'respect to Japanese trade. Mr Lyons defended the Commonwealth’s action and emphasised that there was no desire materially to reduco the volume of Japanese textiles. The Government, however, took exception to tho excessive quantity of lowpriced goods flooding Australia and unfairly competing with the goods of this and other countries and at the same time not compatible with the standards of living in Australia and other European countries. He pointed out that Japan had set out to capture the whole textile import market and tho market of most other manufactured goods. In addition she aimed at a complete monopoly of the shipping and insurance business in connection therewith. She was also seeking to capture tho market from the United Kingdom of cotton pieco goods which the Commonwealth Government was not prepared to tolerate.