PRIMARY PRODUCTS

Otago Daily Times, Issue 23953, 31 October 1939, Page 10

PRIMARY PRODUCTS

GOVERNMENT'S POLICY CONTROL OF WAR PROFITS! DIRECTION OF EXPORT TRADE (Per United Press Association; WELLINGTON, Oct. 30. The policy of the Government in connection with all primary products was; that war profits should he controlled. That was why it had been provided that prices should go no higher than those ruling on September 1, said the Minister of Finance and Marketing (Mr W. Nash) in a national broadcast this evening. The Government, Mr Nash said, had to make sure that if the United Kingdom needed any of these commodities; they should be made available. It also had to make sure that they were not made available through neutral channels to enemy countries. Under the Export Regulations the Government had provided that the export of hides and skins should be prohibited without the consent of the Minister of Customs, Exporters had been permitted to export by-products, with the exception of sheep skins, under a permit from the Minister. On September 23. the United Kingdom Government advised that tinned meats, hides, and eatf skins would be required by it. Bobbv call skins of an average weight of 41b would not be recmired in the United Kingdom, and permits had b°2n issued for tv>e export of bobby calf to the United States and Canada Two days asp the Government called to the United Kingdom on the position of woolly sheen skins, and had not yet received advice whether they were required at Home. Mr Nash emphasised that New Zealand industries had not cuffored in any wav and arrangements been made to have them supplied with any l ocal raw commodities thev required, Tanners had been supplied with all the hides thev renuired.