PREFERENTIAL TRADE.
PALMERSTON X.. June 21. An import ai, t announcement on the sub-, ject of preference was made by Mr X. Elmslie. lI.M. Trade Commissioner, in replying to Air F. -J. Nathan Mayor of Palmerston North) at the annul! smoke con-' cert of tSie Man twain and We: t CouT A. and P. Association. The question of preference. he slid, was to be considered an economic one. The conference did not think that there was a strong probability of giving the dominions direct preference on produce and raw material. The OUI Country had built up industries ott cheap production, and the whole feeling of the country was that i he marketing cost* should be kept down. If duties were placed on foodstuffs it would raise the cost of living, resulting it: increased wages aid c-ost of production. the speaker did not think the country would stand this, and soma ether way must l>e found. From informa tion in his possession he assured then* ilia! the will to give what they sough® existed, and the people of Great Britain were anxious to find some wav to meet New Zealand without imposing actualduties on food-tuffs.
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Bibliographic details
Otago Witness, Issue 3615, 26 June 1923, Page 33
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194PREFERENTIAL TRADE. Otago Witness, Issue 3615, 26 June 1923, Page 33
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