OTTAWA AGREEMENTS BILL

New Zealand Herald, Volume LXIX, Issue 21326, 29 October 1932, Page 9

OTTAWA AGREEMENTS BILL

SECOND BEADING CARRIED MINISTER ON BENEFITS FOREIGN TRADE NOT BARRED By Telesraph—Press Association—Copyright (fieceived October 2H. 6.15 p.m.) LONDON. Or). 27 The President of the Board of Trade. Mr. Walter Ituneiman, in closing the aoeond reading debate on the Ottawa Agreements Bill in the House of Commons to day said Britain's recent import duties had had no effeet, on imports. Not, a single European country had made a complaint,. The motor-car trade to New Zealand and India was benefiting considerably. Discus sions with Australia were proceeding. " Many members have suggested that the. Ottawa agreements would cripple us in making trade treaties with other countries," said the Minister, " but instead we are already negotiating with five countries. We arc ready lo treat, with the whole world, but we cannot, deal with them all at once. " Britain, as a market and centre of finance, is a world force and must, remain the most, important, and vital part of the Empire. Her policy as a, creditor country with investments inside and outside is to cultivate commercial and financial freedom and. activity, but, this is limited by the policy of the rest of the world and tlie Dominions, Wo must build on the foundation of the Ottawa agreements the prosperity of the whole Empire." The bill -was read a second time by 346 votes to 77.

MEAT FOR BRITAIN DOMINIONS EXPORTS NO LIMITATION IN 1934 LONDON. Ocl. '27 Dr. E. L. Burgin, Parliamentary Secretary to the Board of Trade, in reply to questions in the House of Commons, said the maximum increase of 10 percent contemplated under the Ottawa agreements in the case of frozen beef would give an additional quantity of about 105.000 cwt. for Australia in 1033 arid 40,000 for New Zealand for the season ending August 30 next. The limitation of the Dominion exports would not apply to 1934. Dr. Burgin said ho did not. think any further limitation of Britain's foreign meat imports beyond the figures stated in th e Ottawa agreements would in any sense be a departure from the spirit of the latter. UNITED FRONT ' SOUTH AMERICAN TRADE TO FIGHT COMPETITION ("Received October 23. 5.5 p.m.) MONTEVIDEO, Oct. £7 The Governments of Argentina, Brazil, and Uruguay have agreed to renew negotiations designed to result in joint action in the meat export trade and to present a united front against competition resulting from tho Ottawa agreements.