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DUTY ON YARNS.

BIG INCREASE SUGGESTED. (From Our Parliamentary .Reporter.) Wellington, Nov. 26. Mr. T. M. Wilford (Hutt) suggested ih the House yesterday that the Government should double, or even treble, the duty of 20 per cent, imposed upon imported woollen yarns intended for manufacturing purposes. He said that the overseas price of these yarns had fallen from 19s to 4s 8d per pound, and the 20 per cent, duty would not provide sufficient protection for the local industry. The Minister for Customs (Mr. Stewart) said he had understood that the woollen companies were satisfied with the duty imposed. Mr. Wilford said he had discussed the matter with representatives of the Wellington Woollen Company. The Minister undertook to confer with the Controller of Customs on the point. If an injustice was being done it could be remedied.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/TDN19211129.2.10

Bibliographic details
Ngā taipitopito pukapuka

Taranaki Daily News, 29 November 1921, Page 2

Word count
Tapeke kupu
137

DUTY ON YARNS. Taranaki Daily News, 29 November 1921, Page 2

DUTY ON YARNS. Taranaki Daily News, 29 November 1921, Page 2

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