TRADE WITH GERMANY

Otago Daily Times, Issue 18463, 26 January 1922, Page 2

TRADE WITH GERMANY

COMPETITION FEARED IN AUSTRALIA.

(From Ode Own Correspondent.) SYDNEY, January 18. It has now, been definitely decided by the Federal Cabinet that trade with Germany will bo resumed on August 1 next. An .embargo on trade with the enemy countries has been in operation for more than seven years, and it is only a few weeks ago that tlie Federal Parliament expressed the opinion that the time had arrived for the, lifting of tho restrictions. The Prime Minister, Mr Hughes, states that with tho resumption of trade relations Germany would be entitled- to representation in Australia and that a consul would have to he appointed. In order to prevent' unfair competition tho Ministry has decided to delay the actual resumption of trade relations until August, and in the meantime measures are being prepared to prevent the dumping of German goods into Australia. The details of these restrictions were announced by the Minister of Customs, Mr Rodgers. “The Government,” said Mr Rodgers, “has aimed at giving Australian and British manufacturers, as well aa tho commercial community, who hold stocks and may have on order further stocks, reasonable notice to enable them'to acquire stocks and readjust conditions to meet the arrival of German goods on the Australian market.-” , Statements that have been made that the Germi-i snipping companies will shortly inaugurate a .steamship service' to Australia arc causing great interest in business and official quarters. Very low rates of wages are paid to the officers and me:i employed, and it is evident that the German lines would be run • under conditions against which British-owned shipping could not possibly compete. The Prime Minister (Mr Hughes), when questioned on the matter, declined to make any statement. It is understood, however, that if the line is established the Commonwealth Government will take steps to protect British interests. Extensive powers are possessed by the commonwealth under the Navigation Act and in other ways. It would not be a difficult matter to inaugurate measures which would enable British and Australian ships to maintain their present position.

TIMARU WOOL SALE. GOOD PRICE FOR CROSSBREDS AND HALFBREDB. The top price for the sale was obtained by Mr A. Dale’s “Manahune” brand, whicn realised the very satisfactory figure of 15id for crossbred. Other good prices secured were lid for haltered by Mr J. M'Rae, son., with “Kinbyran” brand; 14d for halfbred by Mr W. G. Thomson, with “Winooup” brand; and 13d for haltered by Mr E. D. Giles, with “Waikaonmga” brand. All of these clips were dipped in Quibell’s, and the splendid results secured show what great benefits accrue from using the world’s finest dip—-Quibell’s sheep dip.—Advt.