AMERICAN ITEMS

Hokitika Guardian, 18 May 1931, Page 5

AMERICAN ITEMS

U.S- A. C’O-OPER AT 1 OX. (United Press Association —By Eloctrio Telegraph.—Copyright.) WASHINGTON, May 15. The Under-Secretarv of State (Mr Castle) said that the United States was prepared to participate in an international conference to discuss the silver problem. CANADA’S TARIFF POLICY. OTTAWA, May Ter. Three members will constitute the new Tariff Board. In addition to inquiry into tariff matters, the Board will exercise some of the functions now exercised by the officials of the departments of national revenue.

Premier Bennett told the House, today. that the Board will he a court of record, with power to examine witnesses under oath, and compel attendance. It will report direct to the Minister of Finance. The duties will include investigation of the. cdst of rah material in Canada add other cbiilF tries .cost, of trahsportiltion, niid alt factors entering into the cost of production, The Board will make rrectnimmdutions as to the tariff necessary to equalise the costs of production inCanada, with those in other countries.

CHICAGO'S FINANCE, (Received thin Hav it 0.40 a.m.) CHICAGO. May 17. Bankers called a, meeting for Monday to attempt to solve the city’s greatest financial tangle, as more than thirty-five million sterling of taxes out of ft tv-five million levied in 1929 are still unpaid. The city is facing a tax disaster, said a leading City Hall authority.