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Hokitika Guardian, 26 June 1930, Page 4

Mu Mm,i,ox professes to be pleased with the advantages to accrue from the adopted American tariff bill. He expects aho world at large still to deal with the United States. The general prosperity of the States js of course well established, and it is given out that it is desired to maintain the .'Eandard of living. The first effect of tho tariff will he to create more

local trade by reason of its effoct on foreign competitors m the same class of goods; But there has been many fillip 'to tho E'mfiire trading moveprotests against the rigorous character of the now tariff from Europe and

I abroad, British goods will suiter greatly ns the increased duties on wool and woollens are expected to a.leet the Bradford trade. Canada, too, is going •to be affected materially, and its political lenders nre talking of retaliation in self-defence. It would appear that America has begun a war on tariffs, and the effect is sure to be far-reaching, One result should, be a moult, Giro ate,r inter-imperial trade should result if at all encouraged, New Zealand will look with favour on such a, movement more readily than to n desire to see its own tariff manipulated with, in a, desire for reprisals. New Zealand cannot afford to shut out trade, hut if the trade with t]ie United States is being shut out deliberately, then the situation must be examined very closely ‘pdoed. There is a great outflow of money from tlijs country to tho United States for motors and motor supplies, and that will he naturally the first direction in which action will be taken, T|ie trading relations witlijn the Empire sq far as the Dominion js concerned, warrant the fullest attention in the depirp to extend operations when other markets are closing, There is sure to be p measure ol dislocation of trade while matters adjust themselves in this wap of tariffs, but matters are certainly shaping owards a definite end re'g-ird-ing tripling within the Empire, Thp Conseryatye party at Home is likely to make the issue the great question of the next genera) election, and tough), out on the hustings, the whole matter will tie considered as never before.-To

juggle with a tariff for purposes other than revenue, seems to be rather n gamble for the ren,soi| that the ouL come is sc! difficult to gauge. The point of view and the action of those afl'ectod outside cannot he ,realised in advance, nml it is 111 is ultimata olfect which js the deciding factor in the success or otherwise of an artificial scheme to direct and control trade by means of a tariff.