TRADE WITH BRITAIN.
REPLY TO MINISTER
Per Press Association
AUCKLAND, Sept, 23. “The Minister’s statement does not accord with, the constant appeals from Britain for increased orders bv importers throughout New Zealand,” said Mr Gainor Jackson (president of the Bureau of Importers) to-day, criticising Hon. W. Nash’s statement that “Britain does not want credits in New Zealand, but wants them in countries where credits will do more good.” Mr Jackson said Britain was endeavouring by every means in her power to increase her exports so that the war effort would, be sustained by the economic arm.
“In the light of the trade balances in recent years,” Mr Jackson said, “Mr Nash’s policy of import restrictions would appear to be anything but helpful to the United Kingdom.” He said that for the seven months of this year to July exports to Britain were £43,994,256 and imports £14,234,326, showing an excess of imports of £29,759,930. This large and increasing disparity in trade spoke for itself.
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Bibliographic details
Manawatu Standard, Volume LX, Issue 253, 23 September 1940, Page 8
Word Count
163TRADE WITH BRITAIN. Manawatu Standard, Volume LX, Issue 253, 23 September 1940, Page 8
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