NEW ZEALAND’S PART

Wanganui Chronicle, Volume 75, Issue 244, 15 October 1932, Page 7

NEW ZEALAND’S PART

MANUFACTURERS’ VIEW “GENERALLY SATISFIED.’’ TRADE WITH AUSTRALIA REVISION OF AGREEMENT

[ Per Press Association.) WELLINGTON, Oct. 14. “While it is early to say just what effect the Ottawa agreement will have on the manufacturing industries, I think that New Zealand as a whole will be well satisfied with tho results,” said Mr. Campbell, president of the New Zealand Manufacturers’ Association. “The delegates should bo congratulated on the work done. The preference granted to Dominion produce should be of great assistance to the primary producers, and insofar as it does this it will be reflected in the general prosperity of the country in which all will share.” He was satisfied that New Zealand industries would be able to produce information that would convince an impartial tribunal that they were efficiently conducted and not in any way over-protected. The removal of the surtax would be a decided advantage! to importers, but the surtax had never been regarded by manufacturers as a, measure of protection. There was great danger that any increased trade would go not to Great Britain but ta Australia. The New Zealand manufacturers urgo very strongly an immediate investigation into customs arrangements between New Zealand and Australia. The percentage o) British material required to qualifj for preference should be increased te 75. As far as one could judge now the arrangements should not causemanufacturers any uneasiness, and should give them greater confidence te go forward and pursue a policy of developing the well-balanced industries.