CANADA'S BARGAIN.

Dominion, Volume 4, Issue 1052, 15 February 1911, Page 7

CANADA'S BARGAIN.

UNFAVOURABLE CRITICISM. HIGHER FOOD PRICES PREDICTED. A PESSIMISTIC VIEW. Uy Telecrarli-Prcsa Ass-jclalion-Copyrlekt New York February 13. Mr. C. N. Armstrong, of Montreal, who is prominent, in tho Cauadian Railway world, is now in London. Ho condemns tho Canadian-American reciprocity agreement.

Jn an interview,-ho stated that despite a considerable riso (luring the last decade tho prices of food in Montreal wero 30 per cent, below'those of New York. Beef, which was formerly 7d. a pound, now Is.; mutton, which used to bo Gd., is now Is.; butter, formerly lOd., is now Is, Bd. If the agreement wero ratified it would speedily raise Canadian prices to tho 'level it thoso of Now York, and tho Canadian wage-earner would suffer. It was probable that New Zealand mutton would finally bo imported, and the American Beef Trust would import Canadian livo stock, cornering beef on both sides of the line. . GROWTH OF BRITISH TRADE. ' ; A SATISFACTORY POSITION. (Rec. February 14, 11.20 p.m.) London, February 14. Mr. Sidney. Buxton, Prosident of tho Board of Trade, .replying in tho House of Commons to Mr! H. Pago Croft, Unionist member for , Christcliurch, said the value nf British exports to Canada compared as follows: — , . • ' ■ ■ ■ .■-. • £ 1898 5,352,000 1909 .....: 15,668,000 ': 1910 ...v........ .19,683,000 The statement of jh'o position evoked choers. Mr. Buxton added, in reply to Mr. Croft, that sixty-eight,per cent, of the British exports to Canada enjoyed preference. the bill in congress. ■ ;a republican split. (Rec. Februa.ry-.IS, 1.10.a.m.) ■■•••' ■• New York, February 14. The House of Representatives considered' the Reciprocity" Bill. -Tho voto to consider tho Bill was carried' by 197 to 120. ' ' • ', ' ' ; . The Democratic leaders announce that a few of their party object to the measure. ■ ' ''•".■ , ■ The Republicans have feplit, ono section fearing that Protection will bo abandoned. ' •" ■ "'"■'■. :; ... '

RECIPROCITY ALL ROUND. . WHAT MR. TAFT HOPES. ; . (Rcc. February 15, 1.10 a.m.) _;.■; : r v New York, Fcbruarj , 15. , Mr!. .Taft,: in''.addressing', the PanAmerican 'Commercial Conforohcoj said ho hoped, .tho day was .not distant whwt tcciprpcal trado relations, would; join all the "countries' of ' N6rtli'.''.iind South America. Such an would bo. an object lesson to' tho rest of. tho .world, and would tend-to discourago war.