DUMPING OF GOODS

Hokitika Guardian, 20 August 1931, Page 3

DUMPING OF GOODS

EFFECT OF UNEMPLOYMENT. POSITION IN THE WOOLLEN TRADE. WELLINGTON August 18. Mr W. H. P. Barber, chairman of directors of the Wellington Woollen Manufacturing Company, addressing the shareholders at the annual meeting, said that, in his opinion, th 0 ordinary type of unemployment was reducible in a large degree by any Government courageous enough to stop or greatly reduce the dumping of goods of no real intrinsic value. He strongly advocated such a course as being a good deal better than putting up ad- • valorem -.duties. - If one-third of the value of imported woollens were order, cd in til© Dominion, all the existing mills would be running to. capacity. “I am glad to know that there is a well directed campaign at present urging greater support for New Zeamnde articles,” he said, “and should converts not stop at lip service, people ought to benefit greatly by the tardy effort to correct the past mistakes of shutting out many of the rising generation/from. obtaining suitable work. The importance of support for local industry lias been brought home to many by the unhappy state of trade, which is teaching, rather painfully, an elementarv lesson in economics.”