WANTED TOO MUCH.
GERMAN OFFER DECLINED. United Press Assn.—By Electric Telegra ph—Cojivright. CANBERRA. February 5. Explaining further why Australia is unable to entertain the German proposals to barter motor cars for wool, Sir Henry Gullott said the German proposals included a request for the British preferential rate of duty, also an adjustment of the exchange rate as between Australian currency ancl gold. To agree- to the first request would mean that similar terms would have to be given, to the goods of all other wool-buying countries, while an adjustment 'of the exchange would mean the recasting of the Australian tariff and destroying the British preferential system The proposals would also violate the most-favoured nation treatment with many foreign countries. Sir Henry Gullett added that the Commonwealth was conscious of tho value of the German market and every effort would he made to come to satisfactory arrangements.
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Bibliographic details
Pahiatua Herald, Volume XLIII, Issue 13175, 6 February 1936, Page 6
Word Count
146WANTED TOO MUCH. Pahiatua Herald, Volume XLIII, Issue 13175, 6 February 1936, Page 6
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