PREFERENCE POLICY.

Grey River Argus, 18 February 1927, Page 3

PREFERENCE POLICY.

PREMIER'S ADVOCACY. WELLINGTON, February 17. i More wan h<*ard about the encour- I agement o f iuter-Empire trade in j speeches male at the luncheon tender- I ed to the I’ ime Minister by the New Zealand Association of British Manufacturers and Agents. Nir Coates again spoke hopefully of the future of the Dominion. In the course of his speech, the Prime Minis ler stated his conviction, without prejudice, that as far as comparisons went Now Zealand was still the happiest country on God's earth. No doubt there 'was over-capitalisation in many industries, and it was necessary to get these costs down in order that they could find a market with prices that could compete with those of other parts of the world. Tn future, the Do minion would want to carry a larger , population, ami although there were millions of acres of land which could carry additional people, at the moment it was not in a productive stage. It was essential that local industry should be encouraged wherever possible, but a selection would have to be made as Io which industries would be likely to show reasonable results. MARKETING QUESTION. N.Z. LABOUR M.P.’S VIEWS. LONDON, February 16. Mr Bari ram. New Zealand Labour member for Grey Lynn, addressing the Commonwealth Group of Commoners under the auspices of the Empire Par liamentary Association, urged the sys tern under which products could be marketed in Britain at a price giving the producer a reasonable return, there by automatically ensuring stabilisation of prices, the producers to give British ers most favourable terms, qualities ami prices, provided the Britishers traded reciprocally.