TARIFF WALLS.

Ashburton Guardian, Volume 50, Issue 139, 25 March 1930, Page 5

TARIFF WALLS.

THE CONFERENCE AT GENEVA. A DIFFICULT UNDERTAKING. (United Press Association—Copyright.) LONDON, March 22 Mr W. Graham (President of the Board of Trade), speaking at Edinburgh, said that the Tariff .True© Conference at Geneva had been remarkably difficult. Broadly speaking, the object was to facilitate European economic co-operation that was in no sense directed either against, the United States of America, or against further co-operation Avithin the British Empire. Since the Avar Customs barriers had increased in practically all parts of Europe. For Great Britain that tendency had been almost disastrous, and this country had therefore eA Terytliing to gain from any movement Avhich assisted in a- reduction of such tariffs. Fortunately they had now a prospect of securing an agreemen which AvouldJ safeguard the existing commercial treaties for at least one year, and Avhich would proA’ide an environment in which European ana other countries would enter on negotiations to ascertain in Avhat group ot commodities tariff reductions could be effected. . ' , , The proceedings at Geneva liaci been of the greatest encouragement, and a considerable part of Europe now recognised that the raising . . , barriers had gone too far.—British Official Wireless.