THE FISCAL QUESTION.

Taranaki Daily News, Volume XXXXV, Issue XXXXV, 10 December 1903, Page 3

THE FISCAL QUESTION.

THE CONTROVERSY IN ENGLAND. LONDON, Dec. tT. Lord Mas!tarn (Conservative) in a letter to the Times, says the Yorkshire wool trade has suffered more from hostile tariffs and free imports than any of the great English industries. Britain exported in 1890 eleven millions' worth more wool textiles than she imported. Now Britain was sending nine millions' worth to- foreign countries and six millions to the volumes and British possessions ; but foreigners sent England ten millions' worth. Since 1890 England hud lost her foreign wool trade at the rate oi nearly a million a year, yet no one was aware of the fact. Lord Mastoaiu declared unhesitatingly that unless England secured the colonial trnlde the wool industry was faced with luin. It was the same with general trades. Our loss of foreign trade was imperceptibly compensated by ever-increasing shipments to the colonies and British possessions causing schoolboy chatterers to declare that free trade was l causing prosiperity. During the last flf tW a Uade with l ' he colonies anid Biitihh possessions increased at the rate of two millions a year • otherwise the country would have been in distress.

Lord Crewe, speaking at Newcastle, said Mr Chamberlain's \>roo"'uade <:ontract the volumes 11 avlt - hence, n there wore fewer imports and fewer exports to pav kkk —*■»^ lasgo« addressing a mass meeting ■it South Shields, quoted the incivase oi British, American, aird German exports between 1880 an-d 1890. Ours increased by only one arwl a half per cent., while the increase in pojiyiation was l.j per cent." Fiscal reform was indispensable in the interests of the workers and the nation.

Lord Londonderry, President of the Board of Education, speaking at South Shields, said they must look at all sides of Mr (.'bitinlktlain's pro-I)Ob-als 'before relinquishing the present state of tilings. Mr Dall'our's policy for the mouiont was the sole solution.

Mr G. Kemp, a Commoner, managing director of the firm of Kelsall and Kemp, and a strong free trader, wi the course of a speech at Ley! wood, said the Canadian tariff had absolutely killed his firm's trade in flannel. They were unable to sell a yard in Canada, despite a preferential tariff. He did not intend to Support the Duke of Devonshire.

CANADA AND AUSTRALIA. , r T , OTTAWA, Dec. 8. in i , a '^ e ' Canariian Commissioner to ol 1 '" ln a re P° rt forwarded t°Z Z a " a - s * ates tn ' at the Commonwealth is willing to grant preference to. Canada. 1 ACTION IN AUSTRALIA. A i- ■ SV DNEY, DEC. 9. men ard' ll |'| lr | a f' i ■ meetin & ot business ' and Politicians decided to form a I referential Trade League ind appointed a committee to draw un a constitution to be submitted to a J.*? . I " eetln ® 011 Thursday. Mr ■m' ttorney-General, delivered an ddress m tiie interests of prefer cnee, and th.» r» preieiMbiister of Works also

HOME RULE AND TARIFFS. LONDON Dee e Ad.?dranv" JOrne ', I '" irSt Lwd of the said tit in Mnburgh, Rule If ;;r jLe I " USt watclt Home were'a'l'm.°i' C ' la "^ e the tariffs, hy a civii war uiang-ej ixitssHome Rule was n ' Sluul 'ds. said and the file., ?Lf,, <IUOSUou ° f 'act, opinion, which uustion of of party Joiaßy. "'ude a

lord selbornes speech.

Lwl Sel borne f 6O ; 8 - Admiralty, said the th<! hire's m'ont s,„? Uk ° 01 Vev ™~ aI, .V Wile to Lnv nrefe. Ul,oc ' colonies. CanWi, l«9 l°" W l ° Ulu eJ Lord u^r y P'oposals, but was tokl Vi lc, ' clUl ' al madmissible in acUlal . thc i" «'ere wwy had i^. n <»•!". imt u veivin the ansu!',- lor a zoli<lifieix>iit. Lord have that he Lv™ bC I' J " had t,Mi 'wtvis of /, w loc, l Jl 'ocity on Kin,lire, bllt v . Jlj; * J <-' "''thin the "gainst I'oieignei's ,"' nilt>rm turill' the (Kuion "' rt ' lo,C ' altitled to critcf ap ®". ,Ve, ' e DOW ™- tlle >' were preclude! pio^°®ai « <>" Itu IJuL o, , T lining i K,us - " uniiW, " e ' s :' or<l *clbor»e .ntv"'!.!, f 31 '* 1 '". "uenu- of tlie ,jscut sLt 10 coiKiit j,,,, «„• t "•> -ston l on Uw ~a» l 'A-en L'.ossiv a ' Illation '"* l BWJ: l. ,jy lras justified 01l ti„. W "' s Policy precarious tenure in ° S OUv Lo a , Ll fe» markets. :" wit th, lt the ,!!t r- v , s staU - I'l'Ojio.Siils U(>u ,;, ~<--sult, ,< -- sult 01 the y"'> Americans u,. b " a w "«- war the U.rited stheir resncv if Jl « b, incy-ast-j |j V , w ' u '-itaiii 1 '"tain fact that ('fiend her own ' Hpi, ' H to mls - " -""I it is " interto reform tl l ° ut ~ un, «« the „eonle J" 8 ' Sys " at '« why a . ' fl,e behind us. is he , ' rom tJ '« Mo Kmpire « '! i>art would be n,,,, '""'ted nations. He'dl by P-e.eronee was , 0 d '^ h not »«y that "as unable Pv ,.i, '"ad, and , lu au 1 0,l ( t,fU °" k * of ?"'?■ v,,rpl o ";^' e of the Ema'wl food would take '<• Wa,g,?s ' tr "*'o selves. luA ' cure G f them, T " K Ch.am. l ,erlai^ o^ ,0 : V ', 8. '•"'■ respondent Ivas s | Vlo « t-'H' luruv st.v , Urul ' "'ost , 1 , - r i ui !' is ters ° f d "« not lut y rovalti(. s '"'; K ' S ' "laities were paid nl "i wlu ''' e oT'S^