NOT YET FAILED

Taranaki Daily News, 29 December 1934, Page 5

NOT YET FAILED

TRADE NEGOTIATIONS. NEW ZEALAND AND AUSTRALIA. “There appears to be a general idea in New Zealand that the negotiations for reciprocal trade with Australia have definitely failed,” said Mr. M. F. Bruxner, the deputy-Premier of New South Wales, to a Daily News representative yesterday. He pointed out that matters of this description could not be settled in the space of a few weeks. Though the subject was not one for his Cabinet —it was a Federal question—he knew that everything had been discussed in a most friendly manner, and both Mr. Coates and Mr. Masters, especially the latter, had created a most favourable impression. “The real difficulty,” stated Mr. Bruxner, “is that we produce too many of the things that you do, and, much though we would like to do so, we are unable to purchase from you. On the other hand we are in a position to be able to sell you many lines cheaper than they can be supplied from any other part of the world.” “We are closer to you than most people realise,” he continued. “For instance, here in New Plymouth I am closer to Canberra, the seat of the Australian Government, than are the majority of the people of Western Australia and those in the north of Queensland. Two countries as close together as ours must pull together, and I feel convinced that a way will be found that will materially benefit both countries.”