PREFERENCE TARIFFS

Hokitika Guardian, 24 July 1930, Page 3

PREFERENCE TARIFFS

DOM LN LON EX A MPLE. L Unit«d Press Association. —By Electrii leleg lap to. —Copy right. J LONDON, July 23. Directing attention to what it terms “the significance of recent news items,” the “Morning Post” recalls the fact of the Australian Prime Minister, Air J. H. Scull in saving that preference would lie further increased to Britain by Australia if Britain would enter further into reciprocal arrangements. The “Post” also draws attention to New Zealand’s newly increased tariff preferences, to Britain and to Canada’s similar Budget provisions, and likewise to the Indian. Government’s insistence on British preference while agreeing to a rise in the fiscal duties on cotton. The “Post” goes on to say “These fiscal actions being undertaken, show that at least a part of the Empire would lie prepared to progress further along the road of preference if there were a chance of something being obtained in return. “Is there anything being done?’ the?paper asks. “We could, if we liked, make tempting offeiis. It is easy to see what even a ' small advantage on the British market would mean to the Canadian wheat farmer in.the matter of security. And so in the case of Australia, where wheat is one of the staple crops, and of South Africa, where, especially, maize growing might be developed. New Zealand, as a grower of mixed produce, woidd also like a stake in the British market. The old countries have shut us out. Our future lies with new countries.”