PREFERENCE
PERCENTAGE OF BRITISH MANUFACTURE. AUSTRALIA TO TAKE ACTION. (Special to the Times). WELLINGTON, July 9. The Federal Minister of Trade and Customs (Mr H. E. Pratten) shares the view expressed by the Prime Minister of New Zealand in regard to the results of the. Preference policy in the case of goods* that have only 25 per cent, of British workmanship in them. “We are giving a full Preference,” said Mr Pratten last week inSydney, “to goods from the Motherland as long as they contain only 25 per cent, of British workmanship or material, that is to say, even if so-called British are sent us containing up to 75 per cent, of foreign material or manufacture, provided that 25 per cent, of the value free on board at the shipping port is British. The effect of this is practically to place a premium on the importation into Britain of the cheap Continental partially manufactured goods and displace employment in the Mother Country itself. To my way of thinking, this is not the spirit in which the tariff was framed and I propose - giving this matter earnest attention, so that foreign countries shall not continue to reap part of the advantages that were intended for Great Britain only.’’
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https://paperspast.natlib.govt.nz/newspapers/ST19240710.2.61
Bibliographic details
Southland Times, Issue 19292, 10 July 1924, Page 6
Word Count
207PREFERENCE Southland Times, Issue 19292, 10 July 1924, Page 6
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