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AMERICAN BOOMERANG TARIFF

CANADA CONSIDERING REPRISALS. tr'roni Our Special t'o-vespondent.) SAN FRANCISCO, May Hi. Ihe discussion on the new tariff legislation which Mr. Fordncy and bis cohorts are endeavouring to place on the I'nited States statute books is dragging wearily in the Congressional halls, but continues to occasion spasmodic outhursts of indignation on tue pail of larsecing politicians who deeply regret the loss of Canadian business, which is showing more distinctly every day. The fact

is that many American legislators already designate the tariff revisions as caiiu.ated lo act as a boomerang on American foreign trade, and they fear other countries will refuse to trade, with countries oilier than those dealing with them on a mutual basis in the exchange of commodities. The Montreal "Pharmaceutical Journal" argues that the new American tariff is likely to lead to Canadian legislation restricting imports from the Cnited States, arid a prohibition ot

Canadian exports of pulpwood, a commodity which in extraordinary demand in the country of gigantic newspaper editions. Canadians declare that restrictions breed rest notions and discourage those whose desire is for the utmost freedom of trade. Mr. Henry Miles, a member of j the Quebec Legislature, speaking in New i York (it, a few days ago. said tba,t the \ Kordney Emergency Tariff Bill had, with- | in the last eight months, reduced exports' from Canada to the Cnited States to the extent of 21-").00il.()00dols. and lind re- j duced exports from the Cnited States to | (':in-ii'a !•> the tune of no less tnan 221.-1 (KIO.OOO. He said Canada was "now tradins where ,-lie sells lier goods." adding: "The present tarifl' means the construction of an ironclad wall to keep Canada from bringing goods into the Cnited I States. Canada might, raise an equivalent ironclad wall there, too." | The "Now York Herald" mentioned that it was strikingly clour that under the Emonrenoy Tariff "we have been going to the had in our sales to Canada faster than Canada has been going to the bad in her sales." This leading New York medium of public opinion further stated: "And the Canadians have put exportable commodities in hot competition with our farmers, anyhow. Their agricultural exports, which were kept out of this country by the Emergency ' Tariff, went across the sons and sold there in place of Cnited Sta'es agricultural products that otherwise would have sold there. So. after all. Canadians are now pointing out that part of the was as broad as it was long in . respect to their selling against our farmers." DEALING WITH CUSTOMERS. Canadians, the "Herald" points out, arc spending their. whore they are selling their products, to which the Toronto Globe retorts: —"This is an American view, and its common sense must commend it to the American mind. Experience ha 6 taught Canadians not to worry. The abrogation of the old reciprocity treaty by the I'nited States in 1866 was one of the forces which brought about the confederation of Canada. Subsequently high American tariffs caused Canadians to pay increased attention to the British market, and to give Great Britain a tariff preference in Caanda. Generally. Americans discern in the present tariff proposals an opportunity - for special interests in the United ! States to stifle foreign competition and enjoy a monopoly in many manufactured articles, whilst at thr- same time American producers will lose most of their, oversea trade. Tn a "word, the disposition U for America to become isolated I from the outside world in a commercial sense at least.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19220617.2.134

Bibliographic details

Auckland Star, Volume LIII, Issue 142, 17 June 1922, Page 14

Word Count
579

AMERICAN BOOMERANG TARIFF Auckland Star, Volume LIII, Issue 142, 17 June 1922, Page 14

AMERICAN BOOMERANG TARIFF Auckland Star, Volume LIII, Issue 142, 17 June 1922, Page 14