DAIRY PRODUCE

Otago Daily Times, Issue 22246, 26 April 1934, Page 9

DAIRY PRODUCE

THE DOMINIONS’ OUTPUTS MARKETS IN BRITAIN PROPOSED RESTRICTION (United Press Association.) (By Electric Telegraph—Copyright.) LONDON, April 24. (Received April 25, at 9 p.m.) The Journal of Commerce, in a leader referring to the New Zealand report concerning the “ forthcoming visit of the Dairy Board to London, ’’ says: “The application of restrictions means grave trouble to New Zealand, which Britain should seriously consider since it will restrict New Zealand’s trade with Britain to a disastrous extent. Even if better prices were obtained for the goods actually sent large dairying tracts would bo abandoned, increasing unemployment.” AUSTRALIA’S POSITION. SYDNEY, April 25. (Received April 25, at 9.30 p.m.) Mr Stanley Bruce, speaking at a dinner, said that Australia to-day was in an incomparably better position than any other country in the world. If that dreadful thing, restriction of some exports, was to come it was not going to be a case of going back but of standing still on the peak point, with the possibility that after another two years—perhaps even sooner so far as Britain was concerned —they ought to be able to enter into new arrangements with that country whereby they -would be getting an expanding share in the British market of the things that Australia exported. FOREIGN SUBSIDIES. HANDICAP ON NEW ZEALAND. c LONDON, April 24. (Received April 25, at 8.30 p.m.) Messrs Dynes Fulton and H. Davis, respectively vice-chairman and London manager of the New Zealand Dairy Board, addressing the Conservative Parliamentary Agricultural Committee, pointed out that Dutch merchants were quoting butter to Dutch consumers equivalent r o 190 s a cwt, while the export price to Britain was 50s f.o.b. Denmark’s price for domestic consumption was 215 kroner 100 kilos, compared with 123 kroner f.o.b. Britain. They added that New Zealand did not subsidise exports, but was quite able and ready to compete with a foreign butter producing country on an economic basis, but there were foreign subsidies which did much more than wipe out Ottawa and placed New Zealand in an impossible position. Mr Fulton recognised the British rights in the home market and emphasised that New Zealand was 100 per cent. British and asked for an opportunity to develop reciprocal trade with the only outlet for her produce, namely, Britain. IRISH PRESS COMMENT. LONDON, April 23. Mr de Valera’s organ, the Irish Press, in an editorial referring to Mr Bruce’s speech at Canberra on Friday, says: “Australia has now learned officially what the Irish farmers realised some time ago—that the much-boasted British market no longer exists. Leaders of the United Ireland Party will do well to heed Mr Bruce’s words, also to take a lesson from the, experience of New Zealand, which the White Paper showed was lulled by the polite words of the, British Imperialist statesmen and was slower than the Free State to learn the lesson of the policy of going hat in hand to England. New Zealand left herself open to an abrupt snub by Mr Thomas.”