RAW MATERIALS

Evening Star, Issue 23375, 19 September 1939, Page 3

RAW MATERIALS

REVISION OF IMPORT LICENSES URGED BY AUCKLAND MANUFACTURERS fPuit United Press Association,] AUCKLAND, September 18. The need for the revision of manufacturers’ licenses for the importation of raw materials was emphasised at a meeting to-day of the executive of the Auckland Manufacturers’ Association. It was stated that, following the outbreak of war, the system had been upset and with many licenses valueless they needed to be revised by changes of venue and of value. “It has immediately become apparent that in certain cases the holders of licenses to import materials from the United Kingdom may now not be able to obtain them, and may require a transfer to other countries,” stated a letter from Mr M. (R. O’Shea, secretary of the New Zealand Manufacturers’ Federation. “ The (Reserve Bank states that no action has yet been taken to facilitate these, and I am taking steps to have the matter taken up immediately.” Mr O’Shea added that in the meantime if an importer desired to transfer he must first apply to the Customs Department for permission and then through his trading bank to the Reserve Bank. It was stated that many licenses were of no value, owing to price increases in the United Kingdom on account of war conditions. The Government would have to make provision for these factors at an early date.