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ANSWER BY JAPAN

NEW AUSTRALIAN TARIFF WOOL-BUYING LIMIT TON JO, May 27. The directors of the Woollen Industry Association, consisting of 26 companies, have decided tentatively, subject- to approval, to restrict the coming season’s Australian wool purchases to 250,000 bales and to buy the remainder from South Africa, New Zealand and South America.

Mr. Sakatani, president of the Austra-lian-.Tapan Society, has cabled the Australian Prime Minister, Mr. J. A. Lyons, and the Minister of Trade Treaties, Sir Henry Gullett, saying : “I deeply regret (lie tariff decision, which is aggravating trade relations, and apprehend grave future developments.”

The spokesman at the Japanese Foreign Office estimates that Japanese exports of cotton goods fo Australia will cease entirely except for materials like wheat sacks and rayon goods, which are expected to decline by 80 per cent. “Australia,” he added, ‘‘is a paradise rich in natural resources. Japan is different. The stopping of our exports of manufactured goods means the stopping of our national life.”

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PBH19360528.2.47

Bibliographic details

Poverty Bay Herald, Volume LXIII, Issue 19026, 28 May 1936, Page 5

Word Count
161

ANSWER BY JAPAN Poverty Bay Herald, Volume LXIII, Issue 19026, 28 May 1936, Page 5

ANSWER BY JAPAN Poverty Bay Herald, Volume LXIII, Issue 19026, 28 May 1936, Page 5