EXPORT LICENSING
EXTENSION OF BRITISH SYSTEM BLOW TO MIDLANDS London, May 11. British exporters to New Zealand (and Australia received an unexpected shock with the announcement of the I big extension of the export licensing [scheme. Cotton piece goods and metal cutting tools are prominent among goods which henceforth can be exported only under licence. This is a serious blow to the Midlands, which was hoping that New Zealand and Australia would buy increasing quantities of goods to make up for the markets lost elsewhere. The extent to which the United Kingdom Government is carrying its plans for the concentration of industry on essential war needs is shown by the latest Board of Trade order requiring all cotton spinners and cotton rayon weaving firms to submit before June voluntary arrangements for the limitation of production.
Another group which must do likewise includes manufacturers of toilet preparations, toys, fountain pens, corsets, cutlery, carpets, gloves and hosiery and many other goods. Other recent licensing orders cover electric insulated wire cable, vitaminised oil and emulsions, wireless receiving valves, machine tool jigs and certain engineer’s tools.
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Bibliographic details
Wanganui Chronicle, Volume 85, Issue 110, 13 May 1941, Page 5
Word Count
182EXPORT LICENSING Wanganui Chronicle, Volume 85, Issue 110, 13 May 1941, Page 5
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