TRADE DISPUTE

New Zealand Herald, Volume LXXIII, Issue 22469, 13 July 1936, Page 9

TRADE DISPUTE

JAPAN AND AUSTRALIA PROPOSED NEGOTIATIONS (Received July 12 5.5 p.m.) TOKtIO, July 11 It is learned that the Commonwealth Minister in charge of Trade Treaties, Sir Henry Gullett, proposed to the Japanese Consul-General, Mr. Murai, that Australia and Japan should suspend respectively the new licensing measure and the trade protection law and then proceed to negotiate a trade agreement. Japan is considering tho proposal, but is likely to reject it because she regards the status quo ante as not restored unless Australia also suspends the new duties of May. For that reason the present proposal is considered to be unfair, and Japan is disinclined to resume negotiations except on an equal footing. TROUBLE DEPRECATED SETTLEMENT URGED SYDNEY, July 11 The president of the Japanese Chamber of Commerce in Sydney, Mr. K. T. Sutsumi, commenting on Australia's dispute with Japan, declared that the Commonwealth was putting its trade with Japan into the grave. The object of Australia's latest move appeared to he to put a wholesale prohibition on Japanese goods, irrespective of its effect on Australian industries winch need Japanese materials. "I hope the Governments of tho two countries," added Mr. Sutsumi, "will settle this I'arce before damage is done beyond repair."