OTTAWA AGREEMENT.
VALUE TO WOOLLEN TRADE MEETING FOREIGN COMPETITION. (United Press Association —Copyright.) (Received This Day, 1-5 p.m.) LONDON, October 30. The “Daily Telegraph’s” special correspondent in the West Riding or Yorkshire<ays that employers and employees declare.,*hat unjustified scepticism as to the value of the Ottawa agreements to the worsted and woollen trades were expressed by Mr Hcldsworth in the House of Commons last Wednesday. The duties imposed last year considerably benefited the trade ot Bradford and Huddersfield, despite dumping of foregu cloth just belore the duties were imposed'. The new duties enabled Yorkshire manufacturers to meet their foreign rivals on competitive terms. Much of the dumped cloths has already been re-exported. The home trade has improved, and exports are reviving. The latter are now checked only by the currency restrictions in Eastern Europe and South America. ,
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Bibliographic details
Ashburton Guardian, Volume 53, Issue 17, 31 October 1932, Page 5
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137OTTAWA AGREEMENT. Ashburton Guardian, Volume 53, Issue 17, 31 October 1932, Page 5
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