HOSIERY AND KNITWEAR
1 IMPORTS FROM BRITAIN ! REDUCTION IN DUTIES URGED [JJY TELEGBAFII —PRESS ASSOCIATION] ' WELLINGTON, Friday Submissions were made to the Tariff Commission to-day, by Mr, G. O. Sutton, on behalf of the National Federation of Hosiery Manufacturers' Associations in England and Scotland, asking for a reduction in the duties at present levied on hosiery and knitwear imported into New Zealand from the United Kingdom. Mr. Sutton contended that the United Kingdom producer had not a3 yet been afforded opportunity of reasonable competition with the New Zealand manufacturer and he suggested that without detriment to the New Zealand industrv and with considerable advantage to the consumer in New Zealand the existing duties on United Kingdom goods might be reduced to a net 15 per cent. The present duties averaged 27$ per cent after 10 per cent had been added to the Home consumption value. The New Zealand manufacturer had three protective factors in his favour, that afforded by geographical position, that afforded by the statutory tariff and that afforded by depreciation of exchange.
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New Zealand Herald, Volume LXX, Issue 21640, 4 November 1933, Page 12
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174HOSIERY AND KNITWEAR New Zealand Herald, Volume LXX, Issue 21640, 4 November 1933, Page 12
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