Story: Customs and tariffs

Nash’s 1939 trip to London

Nash’s 1939 trip to London

By 1939 New Zealand had recovered from the economic depression. Domestic demand and investment picked up, but prices for New Zealand produce had fallen in 1938. The result was a severe exchange crisis. Walter Nash as minister of finance introduced import and exchange controls. The British were furious at this restriction on their trade. Soon after, Nash left for Britain, primarily to refinance loans. The cartoon suggests the extent of the problems Nash faced, and his notorious habit of reading and keeping large quantities of paper documents.

Using this item

New Zealand Herald
Cartoon by Gordon Edward George Minhinnick

Permission of the New Zealand Herald must be obtained before any re-use of this image.

All images & media in this story

How to cite this page:

Tony Simpson, 'Customs and tariffs - Border controls and economic management', Te Ara - the Encyclopedia of New Zealand, (accessed 10 August 2022)

Story by Tony Simpson, published 11 Mar 2010