BUTTER DUTY.
RAISED BY CANADA. Conservative Tariff Increase to Eight Cents Per Lb. N.Z. AFFECTED. . malted P.J;-Electric Telegraph-Copyright) (Received 11 a.m.) OTTAWA, September 16.
The duties on butter under the new . •* ver p announced in Parliament In Tuesday by the Prime Minister, Ih 88. Bennett. They are eight eents per lb under British preference, twelve cents under intermediate, and fourteen under the general rate.
The tariff changes number approximately 130, covering a broad variety, Lluding the iron and steel schedules, cottons, woollens and many classes of farm machinery.
Mr Bennett stated that the general revision of the tariff would come in the St session of Parliament. To-day's £nges dealt only with such items as Lid ensure additional employment. He declared that his earlier estimate, that K5 000 men and women would be aided w securing employment through .the Government's proposals, was too conservative; "The Government has definite assurance from those charged with Production," he' said, "that the steps being Men will result in increasing that number of jobs for Canadian labour."
Hβ further announced that he had the positive , assurance from manufacturers that no increase in prices to the container would take place, but should this lappen, Cabinet possesses the power to remove protection.
i, , Meat Rates Increases. One of the most important features of the new tariff .is the imposition of a specific duty in addition to an ad valorem iiposfc on textiles, from yarn right through to. the finished garment. The countervailing duties introduced in the Dunning Budget- are wiped out, being replaced in almost every instance by ligherthan the prevailing- rates. fresh meat rates are increased. Lamb wd mutton are now 2 cents and 2 J cents to 6 cents respectively. Agricultural machinery shows a heavy advance. Numerous items in the intermediate schedule jumped from 7i per cent to 15 per cent, and in the general 7 from 7£ per tent to 25 per cent, while generally, British preference remains free.
The of Finance In the late Government of Canada, in the course of his Budget statement at the beginning of May last-, -announced that the trade igreement with New Zealand would be tbrogated on October 12. A duty of four cents per lb on New Zealand butter, instead of one* cent, would become effective it that date. After October 12 Canada would ; extend' full British preference to Hew Zealand. The Government of Canada, the Minister stated, had proposed to the New Zealand-Government that a direct trade agreement be negotiated to superlede the agreement then extant At ithe/general election campaign last July the' Tory , : proposal of a tariff on New Zealand butter became , a prominent issue; iaxi- won strong support for the parly. _ An Auckland exporter expressed the opinion thie. morning that the action of the new Government in doubling, the tariff proposed by its predecessor will •trike a severe blow \at Dominion trads.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS19300917.2.63
Bibliographic details
Auckland Star, Volume LXI, Issue 220, 17 September 1930, Page 7
Word Count
477BUTTER DUTY. Auckland Star, Volume LXI, Issue 220, 17 September 1930, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Auckland Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.