DEARER WHISKY

Waikato Times, Volume 128, Issue 21417, 10 May 1941, Page 10

DEARER WHISKY

EXPORTERS DRAW ON STOCKS (By Teleirranh.—Press Association) WELLINGTON, Saturday The general secretary of the National Council of the Licenced Trade, Mr Coyle, in a statement regarding whisky restrictions, points out that by order of the British Government distillation was restricted shortly after the outbreak of war to onethird of the pre-war output. This was inadequate to replace the demands for export trade, so exporters were drawing upon stocks to a greater extent than they could replace them. Mr Coyle said trade was playing an important part in maintaining Britain’s export trade, so that as large a part as possible of imports should be paid for in the sale of British goods. He re-emphasised that New Zealand's restrictions on imports were on value, not on quality, an important point to bear in mind in considering the effects on import trade. He explained that increased prices j of whisky would be passed on, but he did not think the already resJ tricted imports would be further re- | duced in consequence of the increase lin price. If that were so it was only j a matter of time before imports of 1 whisky would be negligible, due to ever-increasing costs. Incidentally, he pointed out, reduced imports of whisky would be reflected in Customs returns.