NEW ZEALAND TRADE.
DEVELOPING INDUSTRY. NEED FOR BRITISH CAPITAL. (Per Press Association.) DUNEDIN, this .day. At the Chambers of! Commerce Conference this morning a remit was carried that the--Minister of Customs be urged to continue the efforts towards more satisfactory tariff arrangements between New Zealand ami Australia. The necessity of introducing British capital into New Zealand to develop industries was stressed by Air. Leigh Hunt: in moving a Wellington remit ihat- special measures he taken to impress on the British capitalists the Dominion’s potentialities with a view to inducing their active participation in working undeveloped resources and in the expansion of industries. Air. Hunt said a great deal of second class land could he developed for closer settlement.* Alineials had not been properly developed, nor the fishing industry. The .Ross .Sea whaling might he taken in hand by New Zealand whalers. II British capital was not obtained for New Zealand, American capital would come. the remit- was adopted.
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Bibliographic details
Poverty Bay Herald, Volume LI, Issue 16895, 27 November 1925, Page 12
Word Count
158NEW ZEALAND TRADE. Poverty Bay Herald, Volume LI, Issue 16895, 27 November 1925, Page 12
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