BRITISH TARIFF

Hokitika Guardian, 28 April 1932, Page 5

BRITISH TARIFF

NEW SUGAR DUTY POSITION OF THE DOMINION. (United Press Association—By Electric Telegraph.—Copyright.) LONDON, April! 26. In the House of Commons Mr Parkinson moved to amend the Budget resolution regarding sugar; to extend preference to the Dominions as well as the Colonies. He said the proposed differentiation would not make the Empire a happy family. Hun. Onusby (tore said the reason the Dominions had not received tho same preference as the Colonies was that the Commons were directly responsible for tiie workers in Hie colonies, while Australia and South Africa had large protected home markets. Australia, in addition, had a subsidy. The Government was giving effect to the recommendations of the Labour Committee on sugar-growing colonies. Sir S. Cripps: This is onfy a temporary expedient in the interest of the colonies. It would 'have been much better to leave the whole matter to the Ottawa Conference. Labour would press for equal preference for the Dominions and -colander,, in the best interest of the Empire as a whole, The amendment was defeated by 254 votes to 41, Air Amery said that the problem was, being tackled the wrong way round by remission of .Empire, instead of an increase of the foreign duty, Tt would have been better to put, a farthing, even a halfpenny, per pound on foreign sugar, and give the Dominions and Colonies adequate preference, paving the way lor Ottawa, by creating a favourable sentiment throughout the Empire. The resolution was carried.

“BUY BRITISH” CAMPAIGN

ITS EFFECT QUESTIONED

LONDON. April 26

Major Eden, in answer to a question, said that Britain's 1931 contribution to the League of Nations, including the International Labour organisation. was £127,908. Mr AJander asked whether other countries were carrying on propaganda similar to the “Buy British” campaign, and if Britain proposed to recommend the abandonment of all such campaigns, in the interest of tho export trade. Mr Colville said that several European countries were conducting move, merits in the interest ol the home products. The “Buy British" campaign organised by flic Empire Marketing Bo,ud had been completely 'Successful, Ho suw no reason to abandon the same, Mr Mander: Won't you try to break up this international suicide club? Mr Colville: I shall continue' to ask the people .to buy goods from the Empire, and the peoples who are w 'U11,jr 1.- buy largely Horn us.

LONDON TRADERS’ PROPOSAL. INFLATION OF CURRENCY. LONDON. April 26. A .special committee ol the .Loudon Chamber of Commerce reports in favour of the expansion of currency relative to the increasing industrial and commercial activity, and expresses the opinion that this should not find its first outlet as a base for financial credit as distinct front industrial and commercial credit. It would gt pntl) assist if the same monetary system were adopted hv all nations, willing to co-operate with uniform currency, a merely uniform practice to enable the currency of each country to expand and contract automatically with the activity of business, and give the consumer'the fullest purchasing powers. The advent of tariffs though aovatitgoons -to the home market wall ou’y accentuate the crisis on the Continent. In these days it ought to be possible to find means for seAmg international obligations without carriage of bat’s of gold across the The report concludes : This is a y't- .,{ j ssue , to which circumstances daring the next few months will compel attention

FOREIGN FIRMS in BRITAIN. RUGBY. A prill 26. Questioned in the House of Commons regarding foreign firms who are opening factories in Britain as fb“ result „f the new tariff policy, Me Rumanian (President of the Bon'd <d Trade) said that fifty new undertaking had been set up during the las’, 1,,., months. Tim majority were ill or bornlon. They were, for the part-, new businesses, hut in a Gw mstances they represmita'd deliutte m - ,1-itions to existing l,m iness.-s.

REQUEST REFUSED. fßeceived this dav at 9.2 n a.m) EON DON, April 27. Ileplvoqr lo tile wool D‘xtilv n;l ’ nll ‘ I net n-eis request I hat a duly ""I ~ |he Aliiiminal I mporta i mns Act ,|,iiiih| he maintained, li"’ L»P' ,s l Doties Advisor, t "in in it ! e • Slates it i- m" prepared liiese.it to reeommeml any i oereuse ill i lie extent o 1 ’ the |l’ole, - lion now nHorded the industry as a. whole.