PROTECTING INDUSTRY.
cheap german goods ■LANCASHIRE RESENTS DUTY. By Telegraph.—Press Assn.—Copyright. Received July 7, 5J5 p.m. London, July 6. In consequence of Cabinet proposing to enforce the Safeguarding of industries Act, puting a duty of 33 l-3rd per cent, upon fabric gloves, Lancashire cotton spinners’ operatives sent a deputation to Mr. Lloyd George, and pointed out the harm that would be done by Lancashire’s yarn trade, which would be far greater than any benefit to glovemakers. Mr. Lloyd George replied that he was a lai med of the prospects of the German people, working for wages of which the purchASihg power was only 40 per cent, of those’ paid in Britain. This was nbt natural; and was not foreseen by tariff or free-traders before the war. German goods were not yet flooding markets of the world, but the time would come when legislation like the Safeguarding of Industries Act would be essfiltial, not as a tariff, but as a wall agrfinst the deluge. He promised Cabinet would re-discuss the problem of fabric gloves. —Aus.-N.Z. Cable Assn.
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Taranaki Daily News, 8 July 1922, Page 5
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176PROTECTING INDUSTRY. Taranaki Daily News, 8 July 1922, Page 5
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