FISCAL UNITY.

Taranaki Daily News, Volume XXXXV, Issue 186, 20 August 1903, Page 3

FISCAL UNITY.

BB:0LUTI"?:8 OP MONTREAL COM^UKBNOB. PEB PEES 3 ASSOCIATION. Receive! 19, 10.4] p.m. Ottawa, August 19. The CJmmutoe appointed by the Montreal Co gress of Chambers of Commerce fo ik-hs-Jidate tho resolutions concerning commercial relations between Uri ain and the Colonies presented resolutions recommending a poliny based on tin principle of mutual benefit, whereby each component partreceived a substantial advantage in trade as the result of national relationship, duo coesideration bsicg given to the fiscal needs of each; also urging the Government to app int a committee cf representatives of Britain, the Colonies and Icdia to consider the possibili y of thus ii-creasing and strengthening the trade r-da'ionsof the different parts of the Empire, and trading faiilitie3 wi:hin tlia Empire and with foreign countries. MB. ARNOLD FOSTER'S VIEWS. Received 19.11.31 p.m. London, August 19. Mr Arnold Forster, addressing his constituents, declared th-t, af'er studying the q-ustion intently at home for weeks, he did not hesitate to say there was need for a very great alteration in the present fi'cal system. Seps should be taken to insist up~n other countries giving us the same system rrgaidicg tsxUion on manufactured goad,j as we gava them, otherwise we should take steps to make th m regret i k . He considered frro Iradi was an interchange of commodities at natural values, but actuilly i"» was no such thing. America's du yon hat.dketchiefs represented 50 par cent of their valu», and nßpkinp, and wearing appsrcl6o percent. How cou'd B'itish <xp irters make a profit wi h such conditiocs? The value cf machinery «sported duiipgfive years had decreased by 5j millions, nations representing 420 millions of people having si u". that trade against us by proactive tariff- 1 . The Colonies were becoming by far the most important places whereto we exported.