AMERICAN ITEMS

Hokitika Guardian, 29 April 1925, Page 3

AMERICAN ITEMS

sUHTUa ILIAN AND N.SS- OAHLI AHKOOIATION CANADA AND AUSTRALIA. OTTAWA, April 27. Air Afeiglian, (Opposition Leader) read ill Parliament a Melbourne Press despatch ((noting Air Bruce (Australian Premier's) latest utterance on the Austruliun-Cnnnuian Tarilf Treaty.

The Premier (Air McKenzie King) commenling on this, said he would not make any statement Used on newspaper reports, but lie added that the last communication, from Air Bruce inquired regarding certain proposed changes by Canada, which communication has not yet been answered. Air King added that until the question of the amount of material of British origin to he stipulated had been settled, Canada did not propose to make any changes in her tarilf. Air King then announced Air I). 11. Bose, former Trade, Commissioner to Australia was being sent to the Commonwealth in an endeavour to straighten out the tangle over the Treaty. Air King added that after the Commonwealth 'Parliament made certain changes in the Treaty, an Order-in-Coimeil was passed providing that to avail of the Australian preference, 75 per cent, of British material ami labour must enter the exported article. * This proposal had been discussed during the negotiations. Air King said: “We do not propose to ask the House to sanction the Treaty until we get this phase remedied. Air Boss will conduct further negotiations, and we hope the matter in dispute will he arranged satisfactorily.” Air Meiglian retorted: “I would gather there is no hope of legislation this session!” Afr King replied: “I must not say that, I rather hope there will." Various Opposition members then expressed their view that the <5 per cent proviso was wrongly interpreted, and that its application would not appreciably affect Canadian exports. Atembers, moreover, intimated theie were other matters than the 75 per cent, proviso that were delaying the Treaty. Air King dissented, and the discussion ended.

STERLING JUAUPS. NEW YORK. April 28. The demand for sterling advanced to four dollars, eighty-three cents, this being the highest for ten years, with in fifteen mjnutes after the news of Britain’s return-to the gold stands.) <1