N.Z. WOOLLEN INDUSTRY
PROBLEM OF OVERSEAS COMPETITION ALMOST “DUMPED” PRICES Press Association WELLINGTON, Today. In an address at the annual meeting of the Wellington Woollen Manufacturing Company today thd chairman, Mr. W. H. P. Barber, mentioned particularly the loss on production in England as shown by the balance sheets of companies there, and the effect on the prices of goods imported into New Zealand, which were making it difficult for companies in New Zealand to compete. The companies here, of course, expected a competitive assault, but it was a difficult problem to know how to compete against the goods placed on the market, in many instances at practically dumped prices. At present Britain was living in a state of economic confusion, and there could be no hope of improved conditions until the question of a Customs policy for Great Britain ceased to be a shuttlecock of self-interest and prejudice. Mr. Barber added that Australia had stemmed the inflow of foreign goods and therefore, he said, New Zealand could look forward to added attention from exporters from overseas.
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https://paperspast.natlib.govt.nz/newspapers/SUNAK19300819.2.170
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Sun (Auckland), Volume IV, Issue 1054, 19 August 1930, Page 16
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177N.Z. WOOLLEN INDUSTRY Sun (Auckland), Volume IV, Issue 1054, 19 August 1930, Page 16
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