TARIFF TREATY

Hokitika Guardian, 28 April 1932, Page 5

TARIFF TREATY

N.Z. AND CANADA THE LIST OF PREFERENCES. By Telegraph, Per Press Association.) WELLINGTON, April 27. The trade agreement between New Zealand and Canada was brought before the House this evening, when the Resolutions and Customs Bill were introduced by the Hon. W. D. Stewart. He explained the Agreement, which is t 0 remain in force for one year. The Agreement provides that- New Zealand goods in Canada are to' obtain either the benefits of the Cana-dian-Ilritish preferential tariff, or the advantage of lower rates than those under the British preference. Lower duties are provided in the Agreement for several lines, the chief of which are as follows:

Canadian Preference! for N.Z. Fresh beef, veal, lamb, mutton— A duty of three emits, instead of four cents per pound ns formerly. Frozen rabbits—Free instead of 12} per cent, as formerly. L til'd and stearine—Free, instead of 1} eeiito per lb. Cheese—One cent per lb, instead of three cents, Butter—-Five cents per lb, instead of eight cents. Hops—Six cents per lb, instead of eight cents. .-/W Seed peas and seed beans—Free, instead of five per cent. Fruit pulp—Free, instead of 1} cents per.’ lb. Casein—l2} per cent,, instead of 17} per cent, plus two cents per pound. Gelatine—l2} per cent., instead of 17} per cent. Blankets—22} per cent,., instead of 22} per cent, plus 20 cents per lb. Travelling rugs—3o per cent., instead of 30 per cent., plus 25 cents per pound. Woollen floor rugs—2s per cent., instead of 30 per cent., plus ten cents per square foot. Canada has also agreed to impose substantial duties on wool, hides, skins and pelts under her intermediate and general tariffs.

N.Z. Preference tor Canadian Goods.

On the other hand, the benefits' of the New Zealand-Rritish preferential tariff have been accorded to Canadian goods, except in the following cases, where the duties are higher:— Preserved Peas—2o per cent, or l}d per lb. Piaster pulp sheets—So per cent. Cultivators" and, other, -agricultural implements, which are 10 per cent, from Great Britain, bin 35 per cent, (the surtax to, however, on«.twen« tietli). Electric cookers and henterwSO pc* cent,

Motor vehicles—Those containing 73. •per cent. Canadian content are to enter* at. the British .preferential rates; if over 50 per cent, of Canadian content, ». 10 pee cent, ad valorem extra. Increased duties, under the New Zealand general tariff, are imposed as follows. Preserved Peas—4s per cent., or 2| per lb. Laths and shingles—3o per cent. Rough sawn and dressed timber— Duty increased by Is per 100 feet. MINISTER SUMMARISES POSITION. WELLINGTON, Apr;! 28. The Hon. Downie Stewart summarised the position as follows: ‘‘On most items we have secured the same rates as Australia enjoys under her trade agreement with Canada, and on a substantial number of items of special interest to New Zealand, we have secured lower rates than those granted to Australia.” /