OTTAWA QUOTAS

Hokitika Guardian, 15 October 1932, Page 5

OTTAWA QUOTAS

PRESS COMMENT AN INTERNATIONAL EXPERIMENT (United Press Association —By Electric Telegraph—Copyrignt.) (Received .this day at 9.30 a.m.) LONDON, October 14. The “Manchester Guardian,” editorially says that the Ottawa quotas are certain to cause a general rise raea " prices, which is unlikely to be confined to the produce of the Dominions. The probable reduction in the amount oi imported frozen beef may rise the pric e of Argentine chilled also English fresh beef, but the extent of the rise depends on the purchasing power of the British market. Unless raised, aii artificial methods of raking prices are useless and, and it may eventually be found that meat quotas are tile most important and the most far reach-ng of the agreements made at Ottawa. VANCOUVER, October lb. The “Vancouver Sun,” commenting on the tariff preferences, says: “They will interest the world because they represent an international experiment that is going to have far-reaching consequencesT If the experiment can teach a lesson on the folly of economic ■war it will have accomplished a world purpose, more important that a mere revival of trade within the Empire, Economic warfares are stupid and cost more than the Great War,”