Preferential Trade.
LORD ROSEBERY’S VIEWS. Lord Roseberry, replying to a correspondent, expresses surprise at his Burnley speech being interpreted as a reply to the speech made at Birmingham on the 15th inst. by Mr Chamberlain, says he adheres to his previous views that an inter-im-perial tariff to be practicable must be just and acceptable both to the United Kingdom and to the colonies He had, he said, previously indicated the nature of an objection which he believed to be insurmountable—that he feared Britain wouldbe the target under a system of reciprocity for many demands on the part of the colonies for modifiction and rectification. “ The Times ” declares that Lord Roseberry approaches Mr Chambor-
lain's speech with an open mind. He recognises that any future cleavage will run atwhart the dividing lines of party. ATTITUDE OP THE LIBERAL PARTY. *ln the course of a speech at Donr caster, Mr H. H. Asquith, K.C.i who wasHorae secretary in the last Liberal Cabinet, said Mr Chamberlain’s speech proposals' would have the unqualified add 'united opposition of the Liberal party, and other Liberal leaders would similarly resist on the ground of the past success of a policy of free markets and an open door, The “Standard ” says that Canada is enthusiastic over the idea of a tfollverein. Australia is apparently sceptical, while Britain is expectant. The “ Standard ” adds“ The leaven is working. A fiscal policy must be vindicated by adaptability to changing circumstances, and not by an appeal to authority.” FORMINATION OF A TARIFF LEAGUE, At a private meeting held at Westminister, attended by members of the House of Commons and manufacturers, a Tariff League was formed to organise public opinion by means of local committees. The league, ignoring party politics, Will endeavour to promote preferential trade vfithin , the Empire. _ It was announced that after Mr Chamberlain’s - speech at -Birmingham, the treasurer of the new league had secured the signatures of three thousand manufacturers to a petition praying for rearrangement of the fiscal duties.
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Manawatu Herald, 26 May 1903, Page 2
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330Preferential Trade. Manawatu Herald, 26 May 1903, Page 2
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