HIGH EXCHANGE POLICY
ATTITUDE IN BRITAIN DISCRIMINATION ABSENT [BY TELEGRAPH —PRESS ASSOCIATION] "WELLINGTON, "Wednesday "The British manufacturer quotes his prices to every part of the world 011 a sterling basis and the idea that ho puts a black mark against New Zealand for her exchange rate and loves the rest of the world for being in a similar position is just too funny for words. It doesn't exist," said Mr. David .Tones, chairman of the New Zealand Meat Producers' Board, who arrived at Wellington after a six months' trip to England. "What the British manufacturer, however, does see is that exports from Britain to New Zealand are expanding every year considerably, and in contrast to many other parts of the world New Zealand accounts are promptly paid, and there are plenty of funds in Britain to honour our drafts in sterling." On the quota question Mr. Jones was reticent. He said it would be the subject of a subsequent report.
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Bibliographic details
New Zealand Herald, Volume LXXII, Issue 22058, 14 March 1935, Page 7
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160HIGH EXCHANGE POLICY New Zealand Herald, Volume LXXII, Issue 22058, 14 March 1935, Page 7
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