PREFERENTIAL TRADE

Dominion, Volume 14, Issue 42, 13 November 1920, Page 9

PREFERENTIAL TRADE

PROBLEM OF THE CUSTOMS BARRIER IMPROVED EXCHANGE SYSTEM NEEDED By Telcecaph-Prei« A«»oclatton-Cor>yrl*Kl London, November 11.' The Double Income Tax Protest Association tendered a luncheon to Mr, Frederick Young (chairman), Mr.- Frederick Dutton (ex-chairmanj, and Mr. Honry Hull (ex-treasurer). Colonol Amery, who presided, said that whatever were tho, difficulties of the Empire they were as nothing compared with the possibilities. Although Britain was old and the Dominions young, Britain was perpetually renewine her youth. She was daily breaking down barriers between the component parts of the Empire. What was needed was more effective shipping, reduced cable rates, and cheaper and en-larged-Press service, but there still re-, trained Iho Customs barrier. Tho Do-:, minions, for good reasons, protected their industries, but Imperial preference, while recognised by every nation within the . Empire, did not- apply to tariffs' alone. It should embrace trade, commerce, shipping, telegraphs, and other ■methods of communication. Particular importance was attached to exchange. He 1 would like to see some system to make, .exchango equally easy between tho countries of the Empire as between; Svdnoy and Fromantle or Halifax and' Vancouver. Mr. Young leaves for Adelaide to-morrow.—Aus.-N.Z. Cable Assn.