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TRADE WITH CANADA.

| TREATY WORKING WELL. i FOREIGN CAPITAL QUESTION, j POST OP COMMISSIONER. (Received noon.) . ’ OTTAWA, January 2.Mr S. M. Bruce and petty arrived at Montreal in a snowstorm, with extremely cold weather, being immediately taken to Sir H. W. Thornton’s • home for breakfast. The Prime Minister received the Press shortly afterwards, answering questions for an hour or more. Can- ; adian pressmen showed great interest in the intomatim; J development of Australia and trade relations the Commonwealth and the Dominions ~ Mr Bruce expressed the belief that * the Canadian-Ai fit ralian ' treaty was 1 Z. | functioning beneficially but that the •true value of such an- arrangement. > ! would be more clearly discernible over ' [a pefiod of ytur«,' He intimated [that the treaty wan pointing the way |to similar arrangements between all | the Dominions. . ;■ j Mr Bruco was asked whether Aua- A trait!;- objected to Canadian goods receiving Australian preference, if they were made in industries financed by; American capital. > , -jfij Mr Bruce replied there was no objection to American capital in this i connection. The provision in refer-- . i enee to a percentage of British labour, in entering goods receiving preference, was to assure two particnlar objects: first, the general idea of preference to British goods as. such and, second, no matter what was the source of finance behind a certain industry, whether British or ' can. or otherwise 1 , there was a benefit ' accruing to a British country if the 1 ! - labour entering into the manufacturerof goods was British. This was at once the principal purpose of the, treaty and to permit only a small per- i centuge of British labour in re*' ’ ceiving preference in Australia would ’.Oj defeat this purpose. ■ . . .NH Questioned whether there was a like- .‘lgjl lihood of the early appointment of an*

Australian Comm.sooner in Canada' in view of naturally augmenting f*B trade, Mr'Bruce replied .that tralia was anxious to further in every; possible way, trade relationships W tween the two countries, and, while • ' in Canada, he would learn what senti- * merit was, in reference to the appointment cf such a representative. ' A. and N.2,

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NA19270104.2.69

Bibliographic details

Northern Advocate, 4 January 1927, Page 7

Word Count
349

TRADE WITH CANADA. Northern Advocate, 4 January 1927, Page 7

TRADE WITH CANADA. Northern Advocate, 4 January 1927, Page 7

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