EMPIRE TRADE.

Waikato Times, Volume 119, Issue 19895, 26 May 1936, Page 12

EMPIRE TRADE.

AUSTRALIA'S DEGISION. WELCOMED lN LANCASHIRE. ELIMINATWN lit'.‘ JAPAN. (omcun \\'irniess.) RUGBY. May '22. Great satisfaction is expressed in Laucnshire with the Government‘s .m----nounceiuent matte in the Australian House of Representatives yesterday of the introduction or new dlitiCs and an import licensing system tramcl to divert a large portion of Australian buying trom countries which at present draw little from Australia to those. which buy a great deal. and especially the l'nited Kingdom. which is her best customer. The revision or the cotton duties is expected to increase the ini—porta from Lam‘nshire of, textiles now tbaught from Japan by something like £1,000,000 more annually. The prestdent. ol’ the Manchester Chamber of Commerce says- the changes represent a real cttort by the Australian Government. to secure the extinction of the tc\lllr trade as i-c~ tween Britain and Japan. in the period man—m; British cot—ton exports in Australia rcll i'cmn 137.000.1100 tn ininnnfino )arils. while Japanese c\purts ruse from 28.000.000 in .‘urm'mgmn yards. British experts of rawn .s'mnls to .\us« tralia remained steady at ahnnl. in.000.000 yards. \\'iile Japanese cumrts increased from ”flint-Mm lu 00.000.» 000 yards. lalanoo Wlth America. For some tune past the increasing balance in Australian trade with the United States has been causing great nnxiety in the Caninmnwcalth nn ac~ rount iii the resulting embarrassment in the halanclnt: of payments. Et‘t’nrts have been tunic tn secure the ca—nparntlnn of the \\'nslilmttnn Govern—ment. \\hn hn\n- l-vcn urged to relieve the p‘wsntun either by l\n,\in< more {mm Australia nr iiy i'nrniulaiin: some it'innfi‘ltltlt‘ .tl'l'-t[15"l|l“lli niakin: it easier tnr Australia in pay {or the hugn quantities- nt' rnmls she has lll‘f‘n accustnnicut in liuv fruit) the l'nlted States. The failure 01‘ these efforts- cansmi the I'luinnmnn'i'altit tim'rrnnwn' in take steps in reduce l’in \t»!:iuiv ut‘ \m-‘r‘cui illllN‘l‘lSt i'xi-n mnlvr i‘ln' t't\\ \\slt‘lll ”it‘l‘t‘ \\ill remain t l.n-.i\\ il!lli\-|lll,t.‘tll‘ lulunn't'.