SNOWDEN'S CRITICISM

Evening Post, Volume CXIV, Issue 90, 13 October 1932, Page 12

SNOWDEN'S CRITICISM

ILLUSORY CONCESSIONS

AT EXPENSE OF BRITAIN

United Press Association—By Electric Tele-

Braph—Copyright. (Received 13th October, 2 p.m.) LONDON, 12th October. In an article in the "Financial News," Lord Snowden, severely criticising the Ottawa agreement, says:— "In order to get illusory concessions from the Dominions the British delegates agreed to raise existing duties against the foreigner on a number of foodstuffs. Australia agreed to limit her exports of mutton and lamb to the United Kingdom to the amount exported in the year ended June, 1932, but Australia can well afford it, as these exports were abnormal and largely responsible for the fall in price. It is frankly admitted that the restriction of the imports of foreign meat is to enable the Dominions to get a higher price at the expense of the British consumer. In every ease the British concessions means an increase in the price of commodities, mainly necessary foodstuffs, but in the case of the Dominions all changes give relief to the Dominion traders and consumers. Anyone acquainted with the history of tariff boards in the United States and Australia will have little faith in the impartiality of such boards), especially when nominated by Mr. Bennett. It is just a bit of useless window dressing." . ■