TRADE AFTER THE WAR.

New Zealand Herald, Volume LII, Issue 15949, 21 June 1915, Page 6

TRADE AFTER THE WAR.

The importance of the exploitation of new outside markets and the development of industries within the Empire was emphasised by tho chairman of the Bank of New Zealand, / 7 in his address to shareholders of the bank in Wellington on Friday. Mr. Beauchamp's hope that for long years to come Germany will be commercially ostracised will be endorsed by the great mass of the people of New Zealand. One certain result of the war will be the strengthening of the Empire trade movement, and the turning of trade into desirable channels, first by the extension of British industries and secondly by the encouragement of trade with Britain's Allies. So far as New Zealand is concerned Parliament can place British trade on a firmer footing by so amending the law that goods that are threo parts German and one part British shall no longer come under our preferential tariff. Voluntary organisations can help by keeping alive the spirit of patriotism and by securing the co-operation of manufacturers throughout the Empire. In regard to export trade New Zealand's prospects aro exceedingly bright. As Mr. Beauchamp pointed out the use of the Panama Canal must result in a considerable widening of the markets for New Zealand and Australian products. We can neither wish for nor expect the continuance of war prices, but we can confidently anticipate a continuous demand at profitablo rates for all we can produce.