RAPID CHANGES

Evening Post, Volume CIX, Issue 145, 23 June 1930, Page 12

RAPID CHANGES

MS||s:iOF;'THE#OR^

Trader? must ?e;^lert

..-■'•■ jVv.'. ..,■:. "Evening: Post," 23rd : ;tfune;;' X;tfow that-the^new United States tariff ; is-;lawrindusti:ialists arid ; traders should : he'lable'to breathe freely;,: But traders in alli'countries, requirei 'to keep a .constant watch .'on' tarffis in' these .times: of rapid tariff" cHahges, either by ac^ or regulation. Qreafc" Britain appears to be the only coun- .'■'" iiy' of i with' any thing :■ like .a stable tariff/because it is; practically free trade; i'at■ ijriy..rate articles subject; to Cus- : t^ms-duties^on^entering" the United King- . dpra Even ■ so, Cuitomsr'interpretationsjol -the;. British '"', 'tixiffi'ati^^MUj^or/cpiMjlant'-'vipliuice;©!! ' ■. ttepairt^f the;;traiier:i:^::^-'■.^. ■■'■:-, '-■Slanyiand'.vari,(jiis-have been;the tana changes;or interpretations, during the first :>' "months :i)f;' this yearii1-^Up;'to/ as late ; as - the IStKXof.last month,;pn! the'authorit? of- 'the :Ne\v>Xbrk Exporters and, Import- . e$ JcrarnaV these.* alterations.; affecting ■ »6me sections of industry or .trading, ;direi.tly jor, indirectly, have the un-, ' ■>cle'rmenti6ned:! f ->M'^;^'!='.:-:--.'.'i_ ■;'■ •:,'.,,';'!i' .Canadian tariff (believed in Canada and • tKe United' States to be' retaliatory); con> ' tails' "articlessto which countervailing:du-ti^s-^-ould^apply, rviz:, -butter,^ potatoes, spiips^liv? stock, fresh.meats, cured and . pickled"'meat's^;: sheU: eggs, .frozen < ;eggs, ■ ■■frd«eff'^6^--'orValbum^..'of,-.egra,'-'pats,':oat. meal, -wheat'"flour, ;rye, cut y flowers,: , and I^pipes.V;: ■ The • Bill contemplated ■ tjtfiff changes in about 500 articles. . A regulation has also been approved making horse, meat subject '■■ to .the .provisions.-.of tfie imeat.and canned food.regulations. j ; . ;"- ''*;';;■ ■:--iINDIAN;CHANGES.:::^V;v-j:-;^e Government of India, as, is generally kndwn^-and'felt in Manchester—increased iiiiport duties on cotton piece;goods .from : theformer-15 to a2O per cent, ad valorem '■..'. 6n':all nor-British products of. that! na- ''■ tiire.'. vßritish cotton piece goods are dutiable a(< 15 per cent, ad valorem. Im- ' pdrt: dutyl 'on' household refrigerators in- ■ c^eased^tp 16/perceht; ad valoremV. The : Itidiiii's,Government has also; imposed: ,;'* .countervailing excise duty on,domestic;euVer: "production .•' equal: to. the new -import duty of: 4 ;annas per' ounce;, to, amendthe existing tariff ■ schedule upward ■'■ on silver : lU^te; silver threadj and other silver manu- ; faeturesiirom 30 percent..to 38 per cent.' •■■■ ■' adi'rvalorem. >-J. , ;>.;:, -;;•;,/ ■■■[ '■■.•-.•v-.'.;'' V': •\:.C-';s;;;;;''i)bM^^ : '"liie import trade of Australia has been .-.' seriously handicapped, by .the prohibition : ofeimportation of certain goods, restricted , quantities' of other merchandise which may and'a 50 per cent; surcharge <jn; all> goods which haveUbeeh found impossible to ration and are: considered luxu- . ,In-Xt'lie'.'..tjnion'1 of South Africa, revised regulations "framed under the Food,: Drug, «nd disinfectants Act of 1929 came into etfect on Ist April. ; Among other changes, -theregulations prohibit;the importation.or: manufacture of Vflpur,subjectedto.anyarti- ' ficiarbleach'irig process, other than peroxide o£.nitrogen generated'by electricity, and it-is required that imported flour be actompanied by a certificate "from? the head ' ot'the Department of: Agriculture or other responsible1 officers-.of the exporting, cpun■try.^ Australia had some trade with: boutn : Africa1 in flour. The .Union of .South; Af-"riea-also increased import, duties.on.cer-, tain<foodstuffs, clothingj;,fraihes,:films, and ■;'. nietal,; manufactureS;>/'.;;y;:Y';;^-. : :^ v;>^\; j; : h The -.;. Germaif' Cabinet iadoptedv a; prp: posal'to .increase? the; duty': ori;gasohne irpnv.6 to-10'niaris ■;(fis, toT lPs); per,,loo ' kilos-anivtoi'esrtablisli: aj'duty ,on:benzpl pliq'mark^. (10s) per.lOOikilps.; In March from eighty.'to:a.hundred'items; were under 'discussipri'.i'inbreases/ion^iwhich; w°ul^ affect sa/inumßeri;i6f; products'; for which ''•■tl»e,\6kipJ^Kark'et;fe'-:q£smterest/to/-Fnit;. ed'^'Stai^ifirasy-'-notoWjV--?^,011!10!^?-:'?*0" du'ctsj hardware,; machinery/ electrical prdducts, textile ; gdodsj?'and/other ;manufactured' articles.-; Butter!;, duties,- directly affecting; the';Danish r trade,. but indirectly; affecting-New .Zealand,, were also brought ■■■" : iii in Germany. A+':.. -^.--.j ■■'■'■'• -'j-vi'. ■The German Eeichstag; at/the; end w,of March)agreedj to:support the-federal^Gov: ernment on a proposed Bill further to in- " cceas'e"'.agricultural.,.' 'duties.' Products -« affected are wheat, fodder barley, wheat *' flour,: malt; potatoes, and; bran other than; wheat'bran,: which remains duty^freei^A *'- com ;mohopoly was also established.-'.r -and: .Poland's' most: favoured nation-treaty contains a.clause that the go-called-'.'non-German": certificate pi oneijv- Will noa'ongerrbe required: on^a^ considerable ■ list oi products which ywill- be gh'ipped.into Poland .through German free ■ports.'. Products'so affected include; manur &ctures."and larb! iahd;^at,v'artiflcial- and eadible' fats, and certahv types^of leather. ■,• ■ ■• A-Germanidecree substantially increases ...; tie; duty, on; raw; /coffee;-roasted coffee; ""impbltations into France and Algeria, of ' butter and- wheat: originating or.commg from Australia are now ;*ib]eeted; to^a surtax • equivalent to double the regular tariff -rates. The, French- tariff V. committee propoßes advanced rates, to replace the present^ .per- cent..; ad : .valorem duties on motor-carg;-'Shipments -of - any quan-iity-of periodical publications,: including - newspapers, are now:exempted from the . reguli/French import tax of 2 per cent., cif • value. A French decree fixed v the luxury -tax^on certain.:silk lingerie and -'. S^r, payableon: sale^by tKe^consum^ ■in:'Frincei,at;6 per cent.- of theduftrP Austriahas'increased its duties on, sugar; Italy has granted to a match monopoly t6mplete "control over, manufacture,* port/and sale;,pf;automatic lighters; ,Bel"i'um now requires* special authorisation of imports of; wheat and wheaten; flour; Czechoslovakia; insists iipon; no ™«»™"} 10"per-cent.- of: wheat flour 'in DaKerß bread, the balance to be rye floury . . : -South American countries; also have had : tteir'various'-.changes .in .tariffs, usually oKtUe: nature of increases -in duties pn manufactures of;foreign countries. .- ~ ■ &-ay hasthe'distißction|of«duc^g its 'tax on foreign : commercial -travellew. : Wakve list o £.; changes., is: far from . being.exhaustive, blif.it^s.g^n to show necessary, it is;for British and other manufacturing firms/ and, mdeed, for .^all .■'■■'■ exporterg, to,keep,themselves-up to date, tariff changes in their overseas ; mar- . ■ \ketk';_./:<./> /V.-^-' , / .r.' '.r'-y^;