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NEW ZEALAND TARIFFS.

DEVELOPMENT DESCRIBED.

REVENUE TO -PROTECTION.

"All the' early tariffs were . imposed solely for revenue purposes, although in some cases they had the effect of being protective as well," said Mr. F. M. Price in the. course of- a lecture ' on "The Effects of the Tariff in New Zealand," given last,evening before the Auckland , branch-of the Economic Society of: Australia .and _. New Zealand. Mr. ,-W;. 11. Cocker presided. '. ■•; "»\{.l'-'-\.

M-γ. Price described how Zealand Customs tariff, instituted asl "a; source of revenue! developed into : one; of-•*mild ~protection after the • depression'of the Eighties. For raaiiy years the .Customs tariff was almost the only assured source of income for-State purposes. In 1873' Customs and excise duties amounted to.more than £ 3 a head of the population, and when the Vogel policy had been in operation for ten years the Customs House was still providing three-quarters of the revenue. A gradual, though distinct, qhange from £ revenue to a protectionist policy, was witnessed in.the decade 1880-1890; Controversies on this;thorny subject began; almost.. imperceptibly, and it r wasnot : until 1881 that a straight-out free trade' or protection issue was, fought in"the House, 'Major Atkinson's billVof JBBl\ was described- by. free-traders thin end of the wedge, but it Avas the/Ait of. 1888 that finally, decided the, matter.: ■ "Oh the whole," said Mr. Price, certain that protection did arbitration to improve the wages anfl. status of workmen in New Zealand, but other causes were also pi*esent, such as factory legislation and the growing prosperity of a young country." . . ■'■;;'

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19300918.2.127

Bibliographic details

Auckland Star, Volume LXI, Issue 221, 18 September 1930, Page 10

Word Count
252

NEW ZEALAND TARIFFS. Auckland Star, Volume LXI, Issue 221, 18 September 1930, Page 10

NEW ZEALAND TARIFFS. Auckland Star, Volume LXI, Issue 221, 18 September 1930, Page 10