New Zealand in evolution, industrial, economic and political; . a are thus able to butt their way over obstacles,the favoured Canadian manufacturers are baulked bydeficient or hostile shipping facilities and only give NewZealand about ^150,000 worth of their goods each year. The only other considerable foreign competitor isGermany. The Germans, who are also favoured by ship-ping facilities, are able to pay freights, duties, andpreferential surcharges on 70 per cent, of the imports(valued in 1907 at ;^35i,634) which they send to NewZealand. Musical instruments, manures, fancy goods,toys, and gl
New Zealand in evolution, industrial, economic and political; . a are thus able to butt their way over obstacles,the favoured Canadian manufacturers are baulked bydeficient or hostile shipping facilities and only give NewZealand about ^150,000 worth of their goods each year. The only other considerable foreign competitor isGermany. The Germans, who are also favoured by ship-ping facilities, are able to pay freights, duties, andpreferential surcharges on 70 per cent, of the imports(valued in 1907 at ;^35i,634) which they send to NewZealand. Musical instruments, manures, fancy goods,toys, and glass ware are the principal products for whichGermany finds a market in the Dominion. English imports include the whole gamut of iron andsteel ware and machinery, and every class of a million pounds of woollen goods are importedto offset the exports of raw material. Amongst theimports from British oversea dominions tea and sugarloom very large. Simple as is this purchasing field. New Zealandsmarkets for exports are even less complicated. If any. INTERCHANGE AND MARKETS 3L5 man was inclined to accept the suggestion that the over-sea States were looking for a chance to cut the painter,he would find the most pronounced refutation in a studyof trade statistics. Sentiment has never yet been foundto run counter to commercial expediency, and it isdifficult to conceive a sentiment which could sever therelations of great producing countries and their principalmarkets. In spite of the steady growth of manufacturesin the Dominion, New Zealand is essentially depen-dent on its primary products. In 1907 manufacturesamounted to only 1*22 per cent, of the total exports oftwenty million pounds. The whole of the seabornewealth of the Dominion, we may say, was foodstuffs andproducts of the soil in a more or less crude state. Andnot one-twentieth of the whole went outside the BritishEmpire. Ten years ago the leakage was slightly more. New Zealand keels have always run in British wat
Size: 1243px × 2011px
Photo credit: © The Reading Room / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: ., bookcentury1900, bookdecade1900, booksubjectnewzealandeconomicco
