IMPOTENCE FELT
DOMINION TRADERS IMPORT RESTRICTIONS REMOVAL ADVOCATED HELP TO WAR EFFORT (lVr Press Association.) AUCKLAND, this clay. “The importers in Now Zealand are anxious to assist the Mother Country in her drive to increase exports, but they feel impotent to assist in this war effort because of the prohibitions ancl restrictions imposed on imports from the United Kingdom,” says a statement issued by the Bureau of Importers. “Now that most of our exportable products have been sold to Britain at favourable prices for the duration of the war, the position of the sterling balances should be greatly improved. The bureau considers the present would be a favourable time for the Government to remove entirely the restrictions on importations from the United Kingdom with a view to assisting Britain in her war efforts. The sterling position should so improve that rationing will be no longer necessary. This should enable control to revert to the trading banks.” The statement also points out that the trade with neutral countries, which Britain has lost, must be made up by increased exports to other Empire countries in order to maintain the capacity to finance a long war.
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https://paperspast.natlib.govt.nz/newspapers/GISH19391220.2.57
Bibliographic details
Gisborne Herald, Volume LXVI, Issue 20125, 20 December 1939, Page 6
Word Count
193IMPOTENCE FELT Gisborne Herald, Volume LXVI, Issue 20125, 20 December 1939, Page 6
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