AGAINST BARTER
Canberra Reports Opposition To German Plan.
Press Association —Copyright. Sydney, December 22. In the negotiations now in progress between Australia and' Germany for a trade treaty Australia will not couhten a nee barter arrangements, states the Canberra, correspondent of the Sun. This was officially stated today. The Government takes the view that such an arrangement is impracticable and would react to the disadvantage of Australian manufacturing industries. Furthermore, if Australia agreed to barter wool with Germany on a pound for pound sterling basis .all other wool-buying countries would demand similar treatment. This -would mean .- Either that Australia " would hAvfe left on tier hands ,60 to 70 per cent, of her unsold wool, or that she would have to close down or cripple half her secondary’ Industries.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TCP19361223.2.33
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Central Press, Volume IV, Issue 316, 23 December 1936, Page 5
Word count
Tapeke kupu
128AGAINST BARTER Taranaki Central Press, Volume IV, Issue 316, 23 December 1936, Page 5
Using this item
Te whakamahi i tēnei tūemi
Copyright undetermined – untraced rights owner. For advice on reproduction of material from this newspaper, please refer to the Copyright guide.
Log in