CABLE NEWS

Taranaki Daily News, Volume XXXXV, Issue 236, 2 November 1903, Page 2

CABLE NEWS

BT ELEOTiIIO TELBIiRAPH—OOPIHIPW. FISCAL REFORr* | TRAVERSINGMn 0 1 MBKRLAIS'S bTAi'iMttxTd. )>Ell PRESS ASHOOIATIOR. Losdjs, G.;t bar 30. Free Trade paper* deny Mr Chamberlain's statements regarding the d«cliuo in the earthenware, glare, and ftin plnte trades, and declare that the ,I a; tacks upon Cobdeu for being a little Englander are unfair, since Oobden , tried to get rid of the antiquated co- ■ lou al sya em, not of the colonies thi-iuselvfS. Thxy point out that Pro-•'u'S-jr Nicholson recently expressed the opinion in Edinburgh that general evidence made it probable that the dow food taxes would raise price* by the full amount of tax received, Sir Robsrt Giffep, the eminent etatis 'cian, in a latter published in the ' Timet commenting on Mr Chamberlain'* statement that there had been a ■ great increase in foreign imports for > manufacture, asserts that many qualifications are necessary, and states that a larger proportion of the imports 1 partly manufacture! really constitute • raw material. He iostances slates, stones', crude zinc, unwrougbt copper, and leather. i MR BIIOHIE'3 OPPOSITION. A PRACHOAL MOVE. ! A " JOHN BULL AND SONS LIMITED" ' bTNDIOATE. London, October SI. Mr Ritchie, lite Oharcellor of tb» Exchequer, in his rectorial address at ' Aberdeen University, urged his hearers to I* t the remembrance of the > repeal of the corn laws, which brought 3 relief to the worker?, make their hearts 9 as iron agiinat pr.jpcsils to tax food. 1 The Daily Express states that a number of city men, acting on the } hint in Mr Chamberlain's Newcastle 1 speech, lave registered "John Bull 1 and Sons " Syndicate, LimiteJ, to deal 3 exclusively iu the Empire produoe and products. It is intended to form sub- ' sidiary Limited Liability Companies in all the colonies. Mr Chamberlain, in his revised G'angow speech omits the suggestion that the colonies should arrange the . tariff in order cot to establish indue- ., tries in competition with those already v existing iu the Motherland. | .AN IMPORTANT CORRECTION. ~ RABID VIEWS OF LIBERAL PEKHd. 3 Received 2, 0.27 a.m 9 Lonpon, NovHtaber 1. Mr Ohamb rlain's revised Glasgow fc Hpeech states that a ten per cent duty " on fjrdgn mtnufacuet and p»rtly ' matiufaciurnd goods would probably > - e'd the Excluquer nearly fifteen millions. Lord Portsmouth, addressing * 9 me ting a* said that ' doubtless Mr Austen Chamberlain, 5 under his father's instruction, would 9 prepare a budget in accordance with ' his schemes. Ihe popular cry was tax ," the foreigner, but this was impossible, and the country would oertainly repudiate Mr Chamberlain's proposals. Lord Coleridge Slid the proposal* w*re crude, wild and inhuman. He added: " Lot Britons educate thems Ives to work more and drift lees, and then there would be no need to fear I for the Empire's prosperity, i A resolution condemning Mr Balfour's proposals was carried with en- ! thusiasm.