IMPERIAL PREFERENCE.
A TEN TEARS' TRIAL. LONDON, June 8. The House of Commons in the committee stage of the Finance Bill adopted the clause to establish Imperial preference for ten years by 234 votes to 115. A Labour amendment to reduce the period to two years was first rejected. Labour members contended that the Government was not justified in proposing an arrangement which would be in operation beyond its possible tenure of office. Mr. Ronald McNeill, Financial Secretary to the Treasury, in replying, pointed out that no Government could bind its successors, but he challenged the Labour members to declare their intention to abolish the Imperial preference stabilisation clause. The committee agreed to a remission of Customs duties on antiques.— (Reuter.)
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Auckland Star, Volume LVII, Issue 135, 9 June 1926, Page 7
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121IMPERIAL PREFERENCE. Auckland Star, Volume LVII, Issue 135, 9 June 1926, Page 7
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