MR NASH RETURNS HOME.

Waikato Times, Volume 121, Issue 20272, 14 August 1937, Page 8

MR NASH RETURNS HOME.

SPECIAL EDITION

WARM WELCOME AT AUCKLAND. TRADE NEGOTIATIONS OUTLINED MEAT AGREEMENT WITH BRITAIN. MEASURE OF SUCCESS ACHIEVED. On his return by the Mataroa after 10 months abroad this morning the Minister of Finance, the Hon. W. Nash, received a rousing reception and was welcomed by the Prime Minister, the Right Hon. M. J. Savage, and State, port and civic officials. Shortly after his arrival Mr Nash made a statement to the press, giving a comprehensive review of his activities and the result of trade negotiations with Britain and other countries.

TRADE WITH BRITAIN. BASIS OF NEGOTIATIONS. DIFFICULTIES INSTANCED. NO DAIRY AGREEMENT. (By Telegraph.—Special to Times.) AUCKLAND, Saturday. Referring to the trade negotiations with the United Kingdom, the Minister of Finance, the Hon. W. Nash, said to-day that his departure from New Zealand was hastened at the request of the United Kingdom Government who, in September last urged that he should leave New Zealand in time to permit his arrival in London not later than November. This interfered with the Government’s arrangements, as it was planned for Mr Nash to leave early in December and to reach the United Kingdom early in January. Following the rearrangement of duties the Secretary of State for Dominion Affairs was advised by the Prime Minister that Mr Nash on his arrival in London would submit for the' consideration of tiie United Kingdom the New Zealand Government's policy as follows: (1) The United Kingdom with minor qualification would be offered a full market in New Zealand for its manufacture's and raw material equal In value to the balance of credits from the sale of New Zealand products in the United Kingdom after providing for (A) shipping charges, (B) Invisible items, (G) debt services, (D) a proportionate sum for the reduction of New Zealand loans in the United Kingdom (2) If the agreement could be reached the United Kingdom in ©ertain cases would be given Ihe complete market in New Zealand for special manufactures of a type that yverc. not produced in New Zealand. t Reciprocity Offered. In special eases New Zealand would give preference to United Kingdom manufacturers or producers desiring to install and operate plants in New Zealand for the production of commodities at present Imported (3) New Zealand’s secondary Industries to be extended but, not fry reducing the total volume of United Kingdom export trade to New Zealand. The purpose of the offer was set out to be the extension of trade between the United Kingdom and New Zealand to the maximum In return for the concessions to tlio United Kingdom. The Government asked the right for the' expansion of tiie market In the United Kingdom for its primary products, particularly butter and cheese, meat, fruit, honey, etc. The negotiations that had taken place in London, said Mr Nash, centred round the points detailed above as submitted by cable. Tho llrst discussions of urgency were those associated with beef, mutton and lamb, which arc referred to elsewhere. The main difficulty In connection with tho negotiations, which are still continuing, Is the reluctance of tho United Kingdom Government to admit expanding quantities of tho Dominion’s primary products. The' minister said, however, that lii«= answer to this on behalf of the New Zealand Government was that It recognised the difficulties that come fn the primary producers when a marked was glutted but it felt that it could pot agree in general to the restriction or reduction of tho production of any product that was necessary to human Trice level were recognised but it was obvious that Mils was something that must be overcome if the people of the British Commonwe.dlh were to have made available to them the things that were necessary for normal health which could ho produced from their cwn resources. Willing to Co-operato. With this qualification the Minister •aid that the New Zealand Government. was at nil timos witling to eorrnmenf. In a way that would ensure that the farmer of the United Kingdom would receixe like treatmenl tc that which the New Zealand Government was determined should be available to its own farmers. (''no point in this connection that was of some imp >rt mce was the necessity for the I ml d Kingdom U ensure tho ’production of the max! muni .quantity, of foodstuffs from if« difficulties arise Iha! led in couiliei between the nations the possibility oi a shortage of lood supplies in llu United Kingdom would be reduced t* the minimum. Agreement was reached with regard to beof, mutton and lamb, perk and bacon, tho question of riclrv products being deferred

until the agricultural policy of the United Kingdom has been decided. The present position, said Mr Nash, is I hat the new Zealand Ciovernment is investigaling the commodities that c..n he irn port oil from the I’niled Kingdom without ill affecting New Ze.iland’s manufacturing economy and that j the I'niled Kingdom’s policy with reI card to New Zealand's Imports will he i determined when the I’nitod Kingdom’s agricultural poliev ins hern j While the negotiations had not yet hem completed, said Mr Nash, he felt that his visit Ind extended fh«■ understanding and goodwill hot ween the Hominion and the I’nited Kingdom ami ! fills view was supported hy tho See j ivtary of Slate. lie said lie thomrlil the dls. ussions had reinovnl a g,, • | many of the difficulties which existed I before’ Mr Nash’s visit fo the I nii.-d j Kingdom and would help to rem.oe any other dimculties in due rourse I He added that the personal cont = ~ts J could not have been happier.