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THE RECIPROCITY BILL.

PRESIDENT TAFT PLEASED. By Teleeraoh-Presa Association-Oopyrtehl Washinnton, July 03. President Taft, in a message expressing delight at the passage of the Reciprocity Bill, says it indicates on increase of mutual benefit relations between Canada and the United States. Congress is expected to adjourn about tho middle of August. It is stated in railroad circles at St. Paul's, Jlinnesota, that numerous lines already built on the frontier will cro*s into Canada when reciprocity is effected. SCOPE OF THE AGREEMENT. i-lh W f k n° ? tato Apartment recently issued the following summary of tho tariff changes proposed under tho Reciprocity Agreement, and which have now been accepted by the United States — Iho basis of the agreement is reciprocal tree lists of leading fcod products, such

Wheat and other grains. Dairy products. Fresh fruit and vegetables. Fish of nil kinds. Eggs and poultry. Cattle, sheep, and other Jive animals.

Certain commodities now free in ono country will be made free in the other, such as cottonseed oil by Canada' and rough lumber by the United States. < . Tin and tinplnfes, now subject to duty in both countries, are to be mutually free. . J

Bnrbed wire fencing, now exempt from duty in Canada, is also exempted in the 0 nited States.

&omo raw materials, such as mica and gypsum, which enter into numerous industries, are admitted free to the United States, while printing paper is to become free on the removal of all restrictions on the exportation of wood pulp from Canada. There arc mutually reduced identical rates on secondary food products, such as fresh meats, canned meats, bacon, hams, lard, lard compounds, canned vegetables, Hour, cereal preparations, and other foodstuffs partly manufactured. The total amount of tho duties remitted by tho United States is 4,850,000 dollars, while the remissions by Canada amount to 2,5G0,000 dollars. .» ■■■-■■ Tho following table gives in thousands of dollars tho value of tho articles nowsubject to duty for which the duty is cither removed or lowered by the countries named-;— Reduced Free. dutv. U.S. value 39,811 7,521 U.S. percentage 7G.4 14.4 Canada value 21,958 25,870 Canada percentage ... 16.5 19.5 The value of the articles imported into the United States which are affected by tho reciprocal lists is 17,333,000 dollars, equal to 91 per cent.; and the American imports into Canada similarly affected amount in value to 47,828,000 dollars, equal to 30 per cent. The value of the articles which still remain subject to duty at tho full rates of tho United States tariff is 4,771,000 dollars, equal to 9 per cent., while American imports into Canada, which will pay full duty amount to 85,198,000 dollars, equal to C 4 per cent. The.percentages mentioned are the percentages of the dutiable imports into each country from the other.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/DOM19110725.2.37

Bibliographic details
Ngā taipitopito pukapuka

Dominion, Volume 4, Issue 1188, 25 July 1911, Page 5

Word count
Tapeke kupu
459

THE RECIPROCITY BILL. Dominion, Volume 4, Issue 1188, 25 July 1911, Page 5

THE RECIPROCITY BILL. Dominion, Volume 4, Issue 1188, 25 July 1911, Page 5

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