DRIED MILK INDUSTRY,
A REVIVAL PREDICTED. RESULT OF TARIFF TREATY. (By Wire*—Parliamentary Reporter.) Wellington, Last Night. A revival in the dried milk industry as a result of the tariff agreement with Australia was predicted by Mr. J. A. Young (Waikato) in the House tonight. He said that at present we purchased large quantities of Australian goods and Australia bought little or nothing from us. Already, as a result of the tariff, inquiries were being made from Australia and orders were being placed for dried milk. He mentioned that hundreds of thousands of pounds had been sunk in factories and plant, and the dairy farmers . had been saddled with the interest on the capital outlay while these plants were lying idle. The revival now promised would bring a tremendous amount of money into the country, and this would act as a setoff against any loss that might be made in some of the minor industries through the operation of the treaty. He claimed that there were many small industries which were not worth fostering, and it would be better if the effort and capital involved were devoted to the dairy industry.
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Taranaki Daily News, 5 August 1922, Page 4
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190DRIED MILK INDUSTRY, Taranaki Daily News, 5 August 1922, Page 4
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