The Waipukurau Press. PUBLISHED EVERY EVENING. SATURDAY, JANUARY 28, 1933. POSSIBLY A TARIFF INCREASE

Waipukurau Press, Volume XXVIII, Issue 31, 28 January 1933, Page 4

The Waipukurau Press. PUBLISHED EVERY EVENING. SATURDAY, JANUARY 28, 1933. POSSIBLY A TARIFF INCREASE

In the opinion of Mr. Hoover, the retiring President of the United States of America, that country is faced with the neecssity of either increasing tariff walls or taking action to gain stability in foreign currencies and it is considered likely that a move will be made for speeding up the approach to the World Economic Conference. It was stated in a high

administrative source that the President desires to avoid major increases in the tariff, but feels it may be necessary unless'the World Conference can act quickly to bring a greater stabilisation of foreign currences. President Hoover, it is stated, believes that only in the past four or five months has the United States felt the full reaction from the departure of

various European countries from the gold standard. Figures have been placed before him designed to show that goods from countries of depreciated currencies are flowing into the

United States with increasing intensity.

THE TASMAN AIR ROUTE

“The pleasure that is so general over the successful completion of Kingsford Smith's second flight to New Zealand will be stimulated by a growing appreciation of the significance of these flights and the value of the data they provide,’’ observes the “Christchurch Star,’’ in a recent editorial. “It is a startling indication of the navigating difficulties of ocean flying that the airman did not alter his course even when his sextant suggested it because of the possibility of flying beyond the northern extremity of New Zealand, and this fact emphasises the probable future course of ocean flight, which will aim, as Kingsford Smith did, at the bulk of the Southern Alps, to which the wind currents carried the Southern Cross on both of her voyages and Mr. Menzies's machine as well. Every bit of information about aerial conditions over the Tasman Sea should be placed on record, and since aerial connection with Australia is Nev Zealand's special problem, the Government ought to obtain a comprehensive report from Kingsford Smith during his visit or on his return to Australia. Taking the practical view of a man who has been disillusioned by the indifference, of his country to the importance of flying, Sir Charles is inclined to think that the crossing of the Tasman as a commercial venture is still some ten years distant, and he is probably right, but with Government subsidies an air mail might be promoted sooner, as an auxiliary to the Australian air connection with Great Britain.