DOMINION WOOL IN U.S.A.

Taranaki Daily News, 17 August 1933, Page 5

DOMINION WOOL IN U.S.A.

WASHINGTON DISCUSSIONS

RECIPROCAL TRADE PLANNED

PRESIDENT SYMPATHETIC

MR. MASTERS’ FIRM HOPE

By Telegraph—Press Assn.—Copyright. Rec. 7.55 p.m. Washington, Aug. 15. Opportunity was taken by President Roosevelt at a luncheon he tendered today to the New Zealand Ministers to mention the question of reciprocal trade between United States and New Zealand. The subsequent discussion with the Minister of Industries and Commerce (the Hon. Robert Masters) is reported to have been of a most frank and friendly nature.

Later Mr. Masters met a representative group of executive officers of the. Department of State. Appreciation was expressed on behalf of the New Zealand Government at the action of the State Department in lifting the embargo against New Zealand fruit. The view was strongly expressed by Mr. Masters that it should be possible to come to a satisfactory agreement by which New Zealand producers could exchange some of their products- for lines of American goods of a special nature to the mutual advantage of both countries. The market for New Zealand wool m the United States and the problem of augmenting sales were closely studied, while other main New Zealand products were analysed and discussed. Both Ministers expressed satisfaction at the nature of the discussion, especially the encouraging and sympathetic views voiced by Mr. Roosevelt Messrs. Forbes and Masters will arrive at Boston on Thursday to confer with leading firms dealing in New Zealand wool.