Page 4 Advertisements Column 3

Taranaki Daily News, Volume XXXXV, Issue 254, 25 November 1903, Page 4

MR CHAMBERLAIN'S GLASGOW SPEECH. Summary. We give in, 'ft Merits of verbatim', W i#arly verbatim, quotations, the principal points in Mr Chamberlain's speech : I am no longer a party leader, tent I am still a loyal servant of the party. Mr Balfour has every right to declare the official policy of the party which he leads. For myself, I agree with the principles he haß stated. I approve h>s policy, and I admjire hia courage and resource. Nothing will affect the friendship and confidence which exist between the Prime Minister and myself. I take up the position of a pioneer. I go in front of the army\ and if the army 5s attacked, Igo back to st. Is the country prepared to go a little further ? I cannot conceive there Can be any differences as to our objects. Those fire two ; first, the maintenance and increase of the prosperity of the United Kingdom ; secondly, the creation of an Empire such as the world has never seen. I claim that this matter should be treated on 'its merits, .without personal feeling, without personal bitterness. Our existence as ii nation depends, upon bill' manuiacturing capacity and production. Isee signs of decay in British trade. The foundations upon which it hus been raised are not broad enough nor deep enough to sustain it. In the United Kingdom, trade has been practically stagnant for thirty years. Meanwhile the protected countries have progressed iil ail infinitely better proportion than, lours! That is not all. The character of your trade has changed-. touring thirty years you have lost altogether in your exports of manufactures £46,000,000. 7 While foreign countries have declined £46,000,000, your British possessions have increased £4o|ooo-, 000. Trade with yoUr colonies and possessions rem&ih's at the present day the most important and the most va\u«<ble of the whole. During the same thirty ye exports of foreign countries IS lis have risen from £03,000,000 to £140,000,000. There is one thing that follows : It is that our Imperial trade is absolutely essential to our prosperity. I do not believe in the sotting of the British star, hut then I (Jo hot bteli'evo in the folly of the British people. The Working classes must modify Uheir policy to suit hew conditions. Our Imperial trade will decline unless while there is time,we take the necessary steps to preserve it. Without preferential tariffs our trade with the Colonies would fall to the level of the United States. The American tariff was an abomination, and many Americans would •gladly negotiate for Its reduction, Our Empire, with encouragement and consolidation, might be absolutely self-sustaining-. It was Only commercial union and federation that would consolidate the Empire. He would not tax raw materials. If separation was to be avoided, we must put a tax on food, but nothing he proposed would add a farthing! to the cost of living. He proposed ;

NEW TAXES. 2s per quarter on foreign corn, but nothing upon maize. Tax on flour. 5 per cent, on foreign meat and dairy produce, I RELIEF-. Three-quarters of the duty to be taken oft tea. Half the duty on si»g|ar removed. Reductions on cocoa and coffee. Loss to Che Exchequer £2,800.000. Preference to colonial wines and possibly fruit. Increased cost of new duties ; To the labourer, nine and a half farthings. To the artisan, ten farthings; Savings b,V reductions : To thd labourer, eighteen farthings. To the artisan, nineteen runnings. A 10 per cent, duty should be imposed on foreign manufactures, producing £9,000,000. This would meet the proposed reductions, and allow a further lowering of other taxes. A Triumph of Science. THE ELECTROPHONE IN THE fiscal campaign. speech in sheffield heard in London* The Daily Mail thus describes tho working of the electrophone in connection with Mr Balfour's Sheffield speech on Oct. 1, which was heard by a number of reporters in London : If during his speech last night the Premier glanced in front of his table he might have noticed two small funnels with an opening as large as the dial of a watch. It was with the aid of these that twenty-four journalists listened to every syllable of his speech at the offices of the Electrophone Company in Gerrard-street London. An instrument resembling an enlarged catapult, with india-rubber ear-pieces was used for the purpose Instead of being packed together in tho Drill Hall at Sheffield with hardly elbow-room, this little audience sat and smoked in cosy arm-chairs I'irst came over the 220 miles of wire the sound of the great audience singing -Huh, Britannia," and other national songs. The exact point at which Mr Balfour entered the building was marked by prolonged cheering, culminating in "For ITn'« a Jolly Good Fellow." The sound dUti the Chairman's introduction und „f cries of order came thrown the instrument, and then followed tho speech itself, punctuated by cheers and the Premiers f orciu / 0 humps on the table as he drove home his points. Not an inflect!,,,, of the voice was .lost, an « whcn the o.se to leave, the sound of a chair One thing, however, the electrophone was unable to transmit The elec ncal atmosphere prevailing „ Sheffield was entirely lacking in the room ln Gerrard-street, andl It w s foroncortwoC ri r ,,ins TROUBLED WITH SCIATICA. Let IMioumo cure you' Tf w -"-.-a- ??»?«? ~: should convince vo U ' if n Bay ' writing on Feb. >,\ avs Following th. *?' no *<«»• tj-y have no" dene Tm