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Hokitika Guardian, 25 May 1932, Page 4

The Canadian-New Zealand trade agreement is now in force and while some time must elapse before . its effects are noted, it can be regarded as a step towards the desired goal of closer trading relations between the units of the Empire. The agreement may not have covered as wide a range a.s some people had hoped, but it is clear that the Ministers, when they conferred, had in mind the coming conference at Ottawa, when it is expected that question of Empire trade will be studied in detail, and sectional agreements probably will have to bo revised to conform to any general policy adopted. A distinct handicap to the extension of our overseas markets for the sale of foods tuff a lias been reduced and the Dominion is now in a better position to coin]X'to with the Australian producers for the large Canadian markets, for if the export bounty 'system now in force in the Commonwealth with regard to butter should affect us adversely New Zen.and may o'tain Konte benefit by means of lower freight rates for the shorter carriage. These things should all be made clear as soon as the- export trade is restored. On the other hand, the agreement has been framed with the object of diverting to Canada our demand lor goods and supplies hitherto obtained from foreign lOiirees. This is a policy tint will have widespread support provided tho iiitero; I a of our own industries have boon duly considered, and the Minister of are aspect that must have further attention, a« opportunity oilers. Viewed generally, tho agreement restores to our primary producers markers that formerly showed rapid development,

and it should not be long before old connections have been re-established niul active trading resumed. Like most countries, New Zealand has taken drastic steps to curtail its purchases abroad, but essentials must be obtained, and, preferably, from otlier parts of the Empire where we arc able to dispose of our exports.