RECIPROCITY.

Taranaki Daily News, Volume LIII, Issue 321, 7 June 1911, Page 5

RECIPROCITY.

CANADIAN MINISTER'S STATEMENT. By Cable— Tret* Association—Copyright, London, June 5. Mr. Feilding, the Canadian Minister of Finance, replying to Lord Selborne's speech in the House of Lords on May 18, ienied that the Canadian-American agreement introduced a precedent, as the Elgin reciprocity treaty with the United Stateg did not provide equality for the products of the whole Empire. The United Kingdom had long enjoyed tariff advantages with Germany which had been denied to Canada, and had also enjoyed similar advantages with France and Italy. [ln the speech referred to Lord Selborne said it was the first time a part of the Empire had obtained better terms from a foreign country than from Britain and the rest of the Empire. The precedent was capable of large extension, and if it became general it was difficult to see how the Imperial system was going to work. He criticised the supineness of the British Government and said that the only eßcape from the difficulties ahead was imperial preference with joint Imperial negotiations with foreign countries.] DISCOURAGING PROSPECTS. Washington, June 5. The friends of President Taft admit that the prospects of the Reciprocity Bill passing are very discouraging. PUBLIC HEARING CONCLUDED. Received 6. 11.30 p.m. Washington, June 6. The public hearing of the reciprocity treaty before the Senate Committee Has concluded. The Committee will discuss ' the report on Wednesday.

A newspaper publishes the evidence, which revealed the existence of a printing paper trust which the publishers hoped would be smashed when reciprocity arrived.