PROTECTION TARIFF

Hokitika Guardian, 20 May 1929, Page 3

PROTECTION TARIFF

U.S.A. IMPORTERS

(United Press Association—By Electric Telegraph—Copy right).

NEW YORK, May 18

Meat importers will plan memoran-to-morrow for ipi'esentation to Congress in connection with the proposeu tariff increases. Mr Alfred H. Benjamin, who is the President pf the Benjamin Import' Corporation, * which is importing Australian primary products, stated today that the duty increases in meat, wool, etc., wouiu cause a serious increase' in the cost of living in the United States, would dampen the export trade, would cause unemployment among millions, and would bring about a disruption with Latin America, Canada, Australia and New Zealand. Mr Benjamin stated that the .proponents of the increased tariff were ill-inform-ed on the subject with which they were dealing, and he cited an instance of one of the foremost supporters of an increased wool tariff who stated that a radical increase in such a tariff would lie harmless, because Australia and New Zealand could produce lambs and wool “for nothing.” GERMAN MOVE. */ '■* 'I BERLIN, May 18. The Peoples’ Nationalist and Farmers’ Parties in the Reichstag have submitted proposals tp increase the German tariffs on imported live stock, meat and grain, the bust named by one mark per double hundred-weight, except Australian and Canadian grain on which it is proposed to make an increase by one mark and a half.