OUSTING BRITAIN

Evening Post, Volume CXVI, Issue 106, 1 November 1933, Page 11

OUSTING BRITAIN

JAPAN'S COMPETITION

MARKETS HOME AND ABROAD

ACTION IMPERATIVE

United Press Association —By Electric Telegraph— Copyright. (Received November 1, 10.30 a.m.) LONDON, October 31. General Page Croft, M.P., at a meeting in Manchester, said: "We are faced with Japancse# competition on all sides." He emphasised the low Japanese wage rates, and added: "I cannot understand why we permit our cotton goods to be driven from the markets in tho CroWn Colonies and Protectorates when we could insist on preferential treatment." Tho speaker urged that it was essential to denounce the treaty of St. Germain en Laye whereby Kenya, Uganda, and Nyasaland were placed on a Free Trade basis. He added: "Make sure of your Empire markets while you can. The French and Italians don't stand any nonsense with their colonies." The "Evening Standard" says that Britain must adopt drastic measures to deal with Japanese textile competition. In consequence of depreciated currency and other reasons, some British manufacturers could not compete with Japanese, even if they were relieved of the necessity of paying wages, dividends, and freights. 'The situation is growing worse. The ordinary tariff is ineffective, and special duties on competitive articles are imperative.