EARLY ADJOURNMENT

New Zealand Herald, Volume LXX, Issue 21546, 18 July 1933, Page 9

EARLY ADJOURNMENT

THE WORLD CONFERENCE QUESTION OF REASSEMBLY British Wireless RUGBY, July 16 The World Economic Conference is expected to adjourn on July 27. The question of reassembly after tho recess will probably be left to the bureau, which it is expected will be invested with power to call tho delegates together again when tho world situation is more favourable for a solution of the problems before the conference. There were no meetings on Saturday of the conference committees, but the work will bo continued on Monday, when the meetings will include one of the drafting committee of the sub-commis-sion on subsidies and shipping.

DAIRY PRODUCE MARKET BRITAIN'S BUTTER IMPORTS 80 PER CENT OF WORLD TOTAL British Wireless RUGBY. July 1G During the discussion at the Economic Conference on the proposal of the Polish delegation to «set up a subcommittee to consider the need for improvement in the marketing conditions of dairy products, Major W. E. Elliot, Minister of Agriculture, United Kingdom delegate, said that Britain took 80 per cent of the world's butter exports and 50 per cent of cheeso exports. The United Kingdom was also a large producing, although not exporting, country, and was thus affected by the existing world's surplus of butter and dairy products. He made it clear that the Government intended to increase the output of home-grown dairy products.

BRITAIN AND QUOTA PRESSURE FROM FARMERS [BV TELEGRAPH—PRESS ASSOCIATION"] WELLINGTON, Monday The acting-Prime Minister, Mr. Ooates, to-dny received a cablegram from Mr. Forbes, in which the latter says that the statement in the House of Commons, by Jlajor W. E. Elliot, Minister of Agriculture, apparently has been misinterpreted. Mr. Forbes states: " He definitely stated to me that the trade position has no bearing whatever on the quota proposal, and it is entirely a matter of interest to the United Kingdom farmers, who are strongly pressing for the restriction of the importation of butter and cheese from abroad, which is glutting the market and bearing down prices. " The treatment by New Zealand of the British manufactures, so far as tariff is concerned, is considered to be fully satisfactory by British authorities, and has at no time been'raised in connection with the discussions that havo taken plaeo."