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DOMINION MUTTON

i HIGHER ALLOCATION l Imports Into England Press Association — Copyright, i Dargaville, July 3. The acting-Prime Minster, Hon. P. Fraser, announced at Dargaville this evening that a cablegram received by the Government from Hon. W. Nash stated that negotiations for an agreement had now been concluded with the United Kingdom Government by which the total allocation, of imports of New Zealand mutton and lamb for the calendar (year of 1937 had' been fixed at 4,010,000 cwt. This represents, an increase of 110,000cw*t. over the basic allocation and also represents the highest allocation yet made, to New Zealand. The agreement, stated Mr Fraser, first of all provided for a basic allocation of 3,900,000 cwt. This, was substantially in advance of the a-dtucil imports from New Zealand for 1936, which were 3,530,700 cwt. Provision i had also been made in the agree- | ment for a reduction of 3J per cent, j in the basic allocation if the prices of United Kingdom mutton andi lamb I for the first six months of 1937 fell appreciably below the level of the two previous years. Such a reduction, if it had been made, would ot course still have left the allocation, at a figure in excess of last year's imports. The cablegram received yesterday stated that not only would the reducI lion not now apply but that under another provision of the agreement the | basic allocation had been increased I by HO.OOOcwt., bringing the total al- | location up to 4,010,000 cwt. Mr Nash i also stated that the announcement 1 concerning the agreement was being j made simultaneously by the United • Kingdom Government. “I am sure,” said Mr Fraser, “tihat the producers of New Zealand will . be gnatifled at the result thait has been achieved. Moreover, It is an indication that the United Kingdom Government is sympathetic towards the desire of the New Zealand Government for regulated expansion of imports of foodstuffs from the Dominion.” ; The agreement dealt with imports i of mutton and lamb from both New Zealand and Australia in respect of which basic allocations ware: New Zealand, 3,900,000 cwt., and Australia 1,750,000 cwt. It has now been decidi ed that provision for the reduction of i 3$ per cent would not apply and that I the provision for an increase in the , basic allocation, if it proved possible i to make such ian increase without enI dangering tdie stability of the market [ would now operate.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/TCP19370703.2.25

Bibliographic details
Ngā taipitopito pukapuka

Taranaki Central Press, Volume IV, Issue 463, 3 July 1937, Page 4

Word count
Tapeke kupu
405

DOMINION MUTTON Taranaki Central Press, Volume IV, Issue 463, 3 July 1937, Page 4

DOMINION MUTTON Taranaki Central Press, Volume IV, Issue 463, 3 July 1937, Page 4

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