“UNREASONABLE PROTECTION”
STEEL PIPE INDUSTRY MR W. J. POLSON’S COMPLAINT, (From Our Parliamentary Reporter) WELLINGTON, September 13 The New Zealand steel pipe industry was referred to by Mr W. J. Poison (Stratford) in the House of Representatives to-dav as an example of an unreasonably protected interest. He said that the Hume Pipe Works, with the field to itself, could charge practically whatever price it liked. He was surprised at the company’s moderation. Mr Poison quoted tender prices for steel pipes, showing how much at a disadvantage was the imported article. For a big Wellington job imported pipes were quoted at £lßl2 and Hume pipes at £1248, or 45.19 per cent, loss, and for a bigger Dunedin job there was a difference of 57.22 per cent. Yet imported pipes up to 12 inches were subject to a duty of 20 per cent, when there was no necessity for a duty at all. The natural protection of freight costs was most important in this industry. Mr Poison asked why such a duty was maintained to preserve a monopoly. Air A. M. Samuel: Does the honourable member ask for the removal.of the duty from the pipes and the retention of the duty on bread?
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Bibliographic details
Otago Daily Times, Issue 22367, 14 September 1934, Page 7
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201“UNREASONABLE PROTECTION” Otago Daily Times, Issue 22367, 14 September 1934, Page 7
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