ANTI-DUMPING LEGISLATION.

Taranaki Daily News, 14 May 1921, Page 5

ANTI-DUMPING LEGISLATION.

CARRIED BY HOUSE OF COMMONS.

By Telegraph.—Press Assn—Copyright. London, May 13.

During the debate on the anti-dump-ing resolutions the House of Commons by 142 votes to 37 rejected Mr. Trevelyan Thompsons’ amendment exempting from duty manufactures from the Dominions.

The Government declined to accept Mr. Trevelyan Thompson’s amendment on the ground that dumped goods might be sent to the Dominions for re-export here. The anti-dumping resolutions were carried at 4.30 in the morning by 118 votes to 36 after the closure had been applied.

[The resolutions referred to are are as follow: “The resolution proposes to impose during five years, an ad valorem duty of 331-3 per cent, on a large number of specified articles, notably optical instruments, magnetos, arc lamp carbons, synthetic and organic chemicals, tungsten, and other rare metals. The second resolution proposes to impose a similar duty in addition to any existing duty on goods wholly or partly manufactured abroad and offered in Britain at prices below the cost of production. or prices which, owing to depreciated currencies, are below the prices at which similar goods could be profitably manufactured in Britain.]