OUTSIDE OPINION

Evening Post, Volume CXIV, Issue 91, 14 October 1932, Page 5

OUTSIDE OPINION

AGREEABLE SURPRISE

DOMINION CONCESSIONS

COMMENT IN BRITAIN

■LONDON, 13th October.

Eeferring to the Ottawa agreements, "The Times" says: "It, may be said immediately that the concessions to British . industry in the Dominions' markets are more, substantial and cover a wider range of exports than had generally been anticipated. When the modified duties are effective a great step will have been taken toward Free Trade throughout the Empire. There can be no doubt that the agreements, taken as a whole, do constitute a" lowering and not a raising of tariff hindrances to trade."

The "Daily Telegraph" saya: ■ "Now that'the schedules have been published in full the majority of British industrialists will be surprised to flrfd the Dominions' concessions as numerous and valuable as they are, and that Britain has secured an enormous opportunity for export trade. The Government's avowed intention to raise the wholesale price of foreign meat will almost certainly be misrepresented as a wicked attempt to make the British ■ consumer pay more, but if the live-stock industries 'of the. world are ruined meat supplies will shrivel, and the prices will soar so that the poorest meat will become a luxury. Wholesale prices can rise a long way without reasonable excuse for advancing retail prices."

The "Daily Mail" says that the agreements will satisfy all but a small minority of people here who believe it wrong1 to take any' step to promote trade within the Empire or benefit British industry by tariff adjustments."

The "Morning Post," -while suspending detailed judgment, says it finds substantial grounds for confirming the original impression that the Dominions' concessions' offer a fair return for the advantages accorded them by Britain, and that the net result will be an increase in volume not only of Empire but of world trade.