TO STOP DUMPING
PROPOSED LEGISLATION IN AUSTRALIA ’depreciated exchange PROBLEM By Telegraph—Press Association—Copyright ‘ Sydney, September 27. 1 Mr. Greene (Minister ,of Customs), addressing tho National Club, indicated^the 'underlying principles of the proposed anti-dumping legislation. It was intended to impose additional duties where it was found that foreign manufacturers dumped goods in Australia at prices below the cost of production or below the price of goods sold in the home market. Special duties would be in.posed where it waa. found thaji' foreign countries were taking, advantage of the depreciated exchange _ to dump goods in Australia. Tho Allies would b° immune from special duties unices they used tho depreciated exchange to the disadvantage of Australia. , The Minister -quoted a letter from a Berlin commercial man who boasted that Germany was able to export at a price against which no other country could compete, the result of which would be that all the unemployed in Germany would be. absorbed, the cry. now being not for work, but for hands. —Picss Assn.
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Dominion, Volume 15, Issue 3, 28 September 1921, Page 5
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168TO STOP DUMPING Dominion, Volume 15, Issue 3, 28 September 1921, Page 5
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