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WOOLLEN TRADE.

FOREIGN IMPORW.. COMMITTEE'S RECOMffINDA- : TION. ' i( V-i, (J* WBUS-«UtM (avstb&liax ixi> ».*•, oAWdt ASjWcutiO*J (Received Afril 98rf, 7.fi pM.) LONDON, April ». The Safeguarding of Industries Committee, which wai a^intWon<Wati«r 14th, reported that the M failed to ealO duty on imported worried dotfc, ia unemployment in Yorkshire had not bean seriously affeoted by abnormal import* from France. Hie latter ttttdWbWly produced belptf BritiA tho depreciated franc, which aottd aa a bounty in favour of the French manufacturer. f

The Oommiteee recoutitt&d* that if abnormal import# oontinue offing. to depreciated exchanges, a duty_ of .lit per cent, should toe imposed. The \ commendation it bated on a Frtiwb exchange rate of 180 franc* to tho £, Belgium of 107, and Italy of ISO lire to the £. Mr Bevin,a memboir of the Committee, is of the opinion that there should be a resenration to it*, effect that duty should not be imposed until a more comprehensive eriquiry hai held covering the whole of the tfortted woollen trade. *

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19260424.2.119

Bibliographic details

Press, Volume LXII, Issue 18674, 24 April 1926, Page 15

Word Count
163

WOOLLEN TRADE. Press, Volume LXII, Issue 18674, 24 April 1926, Page 15

WOOLLEN TRADE. Press, Volume LXII, Issue 18674, 24 April 1926, Page 15