OVERSEAS MARKETS

Rotorua Morning Post, Volume 2, Issue 273, 13 July 1932, Page 4

OVERSEAS MARKETS

For years New Zealand traders and producers have talkedpf the possibilities of developing a considerable trade with the Far East. Meanwhile Australia has taken practical action and in normal years the value of her exports to Japan, China, the Eagt Indies, India, Malaya and the Philippines averages about £20,000,000. New Zealand could supply just as well many of the lines the Commonwealth sells— butter and cheese, for example, horses, jams and jellies, wool, leather, meats, milk and cream, skins, tallow, timber and so on. It may surprise New Zealand producers to learn that Austra-

lia annually sells milk and cream to the Far East worth over a million pounds, butter and cheese exports being almost as valuable. New Zealand trade in the past has been handicapped by the lack or infrequency of direct sailings. The Minister of Industries and Commerce (Hon. R. Masters) has, however, drawn attention to the service offered by two lines. He rightly points out that it is only by taking advantage of these facilities that our traders can look for their extension. Hence it is for the latter to make the running. It may also be suggested that the reserve funds of the producers' boards could hardly be put to better use than supporting pioneer traders in the initial stages.