OVERSEAS TRADE
OUTLOOK BRIGHT “WOOL PRICES WILL BE MAINTAINED.” MR MASSE? OPTIMISTIC. Per Press Association. AUCKLAND, January 24. The Rt. Hon. W. F. Massey expressed himself optimistic regarding the prospects of New Zealand’s overseas trade. He believed the wool prices would be maintained for. years as the world demand was bound to continue. The market conditions for dairy produce were quite good, and would remain so for the season. He had not given up hope of Imnerial preference. The spade wori had been very extensive and thorough, and it was only by an interchange of ideas that a better system could he evolved. As regards finance, the present was not a favourable time for raising loans in London, and it was not necessary for the Dominion to raise a loan hut New Zealand would get, at best terms, all the money she needed when required. Readjustments of interest charges could not be discussed until the political position had settled down. As regards interim and final exchanges the Conference was of opinion that there should he a steady policy of return to tTie effective gold standard.
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Bibliographic details
New Zealand Times, Volume LI, Issue 11736, 25 January 1924, Page 6
Word Count
185OVERSEAS TRADE New Zealand Times, Volume LI, Issue 11736, 25 January 1924, Page 6
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