ENGLAND HARD HIT.
BY JAPANESE TARIFF
BLOW TO NORTH COUNTRY MANUFACTURERS.
[NY ELECTIUC , riaEGRAI , H--COI , YIU(IHT
Ll'Klt PKEBS ASHCWHAWoai 1
LONDON, July 25
Ertvsli deita<ils of the .Japanese tarilF operating iin July 1911 sihow -tili-nt tin? .average increase of duties on British goods will lie 6(3 per cent., compared to 50 jnor cent, in the case of all other countries.
The Times says the tariff is inspired simply by a desire to do i\ilnat is best for Jnpan. Britain's exports art , mainly Mit> things tho Japanvesie are anxious 'to manufacture tliemselves, hence tho tariff is vory prejudicial to Britain.
Manufacturers in Lancashire and Yorkshire altogether estimated tin. , tariff to exclude from three quflrtmw of a million to a million noinnds of Britis.li goods.
Meanwhile, Barc-n Komura, Japanese Minister of Foreign AfF'airs, has intimated that any negotiations with foreign countries for tho purpose of mitigating tho effects of the tariff must be based on the pninoiple of Japan's negotiating on equal ■terms, giving a confession to 'lany country Uw concessions of equal value.
[Mr 11. C. ..ilcox, secre<t.ary to the China Association, recen'tly published an illiiminatiiur article on the ouestion of itbe new .Tapaniese tariff. An exam inn tion of this article will convince most people tiliait ma.nufactnrors a<nd .Mvippers of British goods who .tract wiitli Japan will onsly prejudiced bv tlie .tariff. Mr Wilcox declares that wlion (lie new rates n)'p enforced they will nompel ninny British firms now trndii'iKr in Jnp.l.ll to abiiiid-on their business tlvere. Commonting on tlve tmniff, the London Times recently wnid , — ""WW-mi linrdly believe tb-nt the responsible «tia.te«!tnen of Jnpnn renl-'se in full the effecl- which the new tnnfT is bound to have upon Hip trn.'V mlntt'on« ■lietween ih* fw countries."]
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Horowhenua Chronicle, 26 July 1910, Page 3
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286ENGLAND HARD HIT. Horowhenua Chronicle, 26 July 1910, Page 3
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