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JAVA SUGAR QUESTION

PRODUCTION THE EACTOR. DUTY UN I,IK ELY To |>.E LMUCH'D, WELLINGTON. An,. Is. Same interesting particulars concern, ing the present posit mil in regard t: sugar were given bv the buying representative of one ol the three principal indenting linns in the Dominion. He stated that there is a propel Board of Control in Java known as tin Y.I.S.P. The eommi-siim agent- ii Java all buy at l.lie same price Irom tin. ".oal'd of Control, ami (able their agent- ill various parts of the world from time to time. Thi- informal ine i ant".- to New Zealand indenting iirm-. and limy t . m"t'haiu-. PiMtiifacI tiler . . nub-I t non r - nod I i i-wel'le ■ I:• regard to Java sugar maiinfai I urni" r uifeet loner- were ill- large-l I'sel-. ordering hundred.- of ton- at a time and pro', iih-d that they (mild land it m New Zealand at a -light advantage, preferred it to the -near relined in Auckland. Confect inners have ii-.'d Java sugar for many y nil ft-, and import it whnii the market i- favutrahlc. owiiic to its quality. When tlier.' i- no at I vantage in bltving Java sugar they buy A nek la nil sugar in -mall quantities in i rd a to save storage, which i- a hie item when hundred' oi t in- are involved. and which lie up a large -nil' of mniicv. NUT MADE A GOOD C\SE. It had In stated that .lava silgn' wa- not relined, hut merchant- would not handle it nor would the public buy it if not eipiul in quality to l!"' -ipga' refined by the Colonid Sugar Refinery The duly would ailt imat icallv lo lifted at the end of September. and a 1 the C.S.Ii. bail said they would close down their works in Auckland, they had signally failed to -how that the removal of the duty would bring that about. No eoinmi-sioii had leen appointed to look into the matter, and 'Oily the point of view ol 11'• • ( .S.lt. had been tint forward with the statement that thev would ilo-e down if the duty was lifted. is THE DUTY ENTRA PROKITr The importer-' point ol view i- D'ai tbe C.S.B. is making additional pridit to the extent of tlm a'lunint of outv. which i- live-ixteellth- of a Denny petlb. or jpg Is- -Id per ton. A big factor which had been overl.-oked was the

enorni'iii- iniTonso in -ugar lo'oducti'u all ovei the world. Even a (inintiw like Bit—ill i- I'a-I developing it- keel iudu-iry. and producing it- own -uga iu-lead of importing, -o releasing :

liuge 1111 : 111 1iiv lor the otlier market- ol the world. Ell-laud i- growing heel extensively in Ea-t Anglia and intendto erect -ix relinerv works, and when these are remix the Old Country will not lc -e largely on the world markets. Therefore, it wa- ashed, whv should no* New Zealand benefit, by the imrea-ed production, and the lower rates ruling if the protective tavilf i- maintained the Dominion will not benefit by the drop in the world's -ugar paritv. Same of the Chambers of Commerce in the Dominion had staled that merchants were chary about importing Java sugar owing to the risk of sweat on the X'nvnge. It that wa- -o v.h\ need lb" C.S.B. worry about importing at all r AG.UN'ST BI'NKWAI . ■ • finally.” concluded the -neakcr. ‘‘if I lie duty i- lifted, the nublie will get the h-'llelit of it iminediately. nthex did when Ad was taken oli ibe tea duty. Anyway, ir i- quite likely tin: i the Government will decline to reimpose the dutv lor more than one Reform member has stated that he will vote against it.”

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/HOG19240819.2.21

Bibliographic details
Ngā taipitopito pukapuka

Hokitika Guardian, 19 August 1924, Page 3

Word count
Tapeke kupu
614

JAVA SUGAR QUESTION Hokitika Guardian, 19 August 1924, Page 3

JAVA SUGAR QUESTION Hokitika Guardian, 19 August 1924, Page 3

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