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Gaffney-Get general correspondence

Start Date
01 January 1958
End Date
31 December 1958
Physical Context
MS 4936-Papers of Sir Robert Menzies/Class. Original Consignment/Series 2/File 363
View Finding Aid

Text

GAFFNEY, W. J.  

22nd September, 1958,  

Äesr hr* d&ffney,  

an writ in·* to you in answer to your letter of  

25 ru July, having receivea the following advice fron the  

acting Minister for linde concerning your furt .er represe;. t’ o,:.,:.  

· Â·â–  *·,· Â· Â· â– " â–   

,Å‚ 4r· claiiss to ohjeet to the use  

of funds mode available for thø correction of anomalies  

which he considers were creÅŸtea by chai.ging v,c bere  

year for W* Category goods from 1950/51 to p5V55*  

It is also suggested that sales expansion adjustments  

(Type 2) have benefit';« finns which had already received  

quota increases between tjb‘j·  

The basic object of permitting adjustments  

to quotas in the light of average o^ans Ã¯m for all  

firsts, ms to rectify the anomalous posit ion of fir  

whose proportion of ported content of turnover to  

total turnover had declined. In no nay was it in-  

dicated that thin adjustment nos associated with the  

fact of chaining the base year for **B rt Cntegoxy goods  

from 1950/51 to 1954/55· Hie latter change which  

-plied to Category *B* importers as fron 1st  

July, 1956, did not In itself give rise to anomalous  

situations as between individual firas and was designed  

to effect reductions in the licencing level, while at  

the sa?ne time relating importers* requirements to  

needs as evidenced br imports In noro up to date  

base year·  

ás Mr. IcEwen stated, some quota entitle*·  

seats of individual finas were increased as result  

of en hoc decisions- mã® the past, Â®m In certain  

cases this brought about anooolies in the licensing  

field* It was because of this situation that the  

tradita cnal-luporter adjustments were iqplcaontocU  

'The number of fîtes which benefited from this adjust-  

ment w&B considerable ana the total additional funds  

released was consistent with that permitted d# the  

bolence of payments position* nevertheless, end  

based on balance of payments considerations, it was  

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