TRADE DISPUTE

Taranaki Daily News, 17 August 1934, Page 5

TRADE DISPUTE

BRITAIN AND AUSTRALIA THE RESPONSIBILITY SHARED DUTIES ON COTTON GOODS SOME SACRIFICE NEEDED “SHOULD COME TOGETHER” By Telegraph—Press Assn.—Copyright Rec. 10 p.m. London, Aug. 16. The Morning Post in an editorial says: it is regrettable that relations between Britain and Australia have been steadily deteriorating in recent months. Neither side can be absolved from a share of the responsibility. The article reviews briefly the meat and cotton controversies and says: “The truth is that both countries are trying to eat their cake and have it. The realistic solution surely is that we must sacrifice some of our foreign markets for the sake of Australian imports and Australia must sacrifice some of her secondary industries for the sake of British imports. The two parties should come together to devise a rational policy of harmony and common interests.” REPLY FROM AUSTRALIA AGREEMENTS NOT BROKEN POSITION NOT UNDERSTOOD Rec. 12.235 a.m. Melbourne, Aug. 16. Replying to English criticsm of the Commonwealth Government’s impositions of increased duties on British cotton piecegoods and related cotton yarn, the Minister of Customs, Mr. T. W. White, denied that Australia was not observing the Ottawa undertakings. Mr. White added that the Government of Australia merely acted on the Tariff Board’s recommendations, while the cotton industry in the United Kingdom had evidently failed to appreciate that the range of cott goods whereon protection had been accorded Australian industry represented a very small proportion of Australian requirements of cotton goods. The British interests had also lost sight of the fact that valuable primage concessions were granted in ’.he last Budget to British manufacturers.