BUTTER MARKET
TRADE WITH GERMANY.
(Received Wednesday, 12.45 p.m.) LONDON, Tuesday.
The new German tariff move is described by well-informed people as “getting'in first” in readiness for the Ottawa Conference. It is believed that the probable upshot of the Australian negotiations will be a German undertaking to hold the super duties in abeyance for six months on the assuiance that a trade agreement similar to Britain’s shall be made within that period. The Australian Press learns that New Zealand in February was able to do <t good trade in butter in Germany, thanks to being almost favoured nation.’’ Germany under a recent treaty agreed to admit 5000 tons of Finnish butter yearly at half duty, namely fifty marks per hundred kilos. New Zealand successfully claimed equal treatment for a similar, quantity with the result that her butter was admitted at a duty of fifty marks plus a percentage added previously for depreciation in sterling. Australia’s butter on the contrary is subject to a duty of 140 marks plus a sterling depreciation percentage, making trade impossible. New Zealand’s favoured treatment was due to her adoption of the Anglo-Ger-man trade.treaty in 1924.
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Wairarapa Daily Times, 16 March 1932, Page 5
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190BUTTER MARKET Wairarapa Daily Times, 16 March 1932, Page 5
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