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TARIFF POLICY.

(JANCE AND BRITAIN. PROTEST IGNORED. at retaliation. lal „ sB OIKCIU. WIBELEES.) --.a December Oth, 5.3 p.m.) (S cte 1. A , BUGBY, December i. ■ un,no of. Commons to-day dis- ? motion ,pp..ri»e Board of Trade, under the ord 1 importations Act, imposing a Abl „t ad valorem duty on van--s"Ce» ^in,P, P° rtS - • , ' T Hore-Belisha (Parliamentary to the Board of Trade) said Hie orders had been exceedingly f ( v e and imports of the articles et Honed in the two orders had pracLd. Since the operation ot j « onlv £35,000 had been taken Sobs duties, which showed how inMd import, ot thee

* hie \ e T l from the Labour benches, Mr fSe Runciman, President of the 1 of Trade, pointed out that the Iter of excluding certain articles was solely by the need for lessen- ! the strain upon Britain ® purchas!!«pacity abroad, caused by importa?r. L in excess of recent experience, > tto orders were general and not toted against any country or conn- : f He denied that the policy was Zr to-lead to international friction Reminded the House that a French imposing a 15 P« cent, discrimduty preceded the announceP S that action was being taken by tl, British Government.

u» rrencfc. Decree. Doling with the French decree, Mr sS «id that it f agamst all vTfrom Britain to France and Trnwely atrainst .coal. The British find that not to receive the most Sd nation treatment which she Selvftd f«ni France for two geniStSL* there had been no' treat? obligation, and that France was froaijepminating agamst Britain and frfiflM of the French GovernHsJJika teen drawn to the matter. to the increase in tariffs, tMuvwj shutting out British goods markets, Mr Runciman BilJilit the British Governments haa nit «MWfflYo appeals against these imbK'lMt despite the findings of tkr wlB Bwn&mie Conference in M rtiali were- •endorsed by represenOTer fifty countries, they 'tbei? protests were iißeless ai*si»talw*yß by the (same reply th{ interests of the Mm<n"Wßt"be the first consideration & fttf&ernment. That was the to-day. The method proved useless. ije clearly understood as at home, that if wo w&Wffi sLS we have recently been . decree," said Mr JSSMSy"'we tannot ignore it. * I shall be able to adjust in a friendly way, but against this country is a ;aßpliich we look on with the greatWere it to spread, it' jjnjtlie to damaging to British inter:a@9tt we could not afford not to sMjjlffce of it." It'Mi&otioii was' carried by 230 votes «SK£.

Mgf, itlfthls year the Carnegie Foundat the results of its indemt Btttif of the upward revision GutiSk Huonghout the world, followihe enactment of the HawleyHt tariff in the United States in * t 1930. It was found that fortyjub'Ofljrliad increased tariffs, ' and t'iinffllcaa exports had decreased by »tWnl,ooo,ooo dollars since July, J) with a similar cnt in imports. Inin,'l/atin America have been i&J narked. Sixteen Central and ft*Aiaeri«n countries have altered Wj f «id Nearly all have piled obof trade. J American goods now find ter.tariffs; ia several lands. The wtpft Bfiuth. American tariff changes 1 jeered from week to week ComWJipixjttent reports, from June, 1 « Jfateh 'oth, Many of the 'ffit-'wert directed' specifically at On the whole, the Wjt 6f tie changes, however, was A burden on international WWllly, t Wt in the light of the world-wide greases that the Carnegie International Peace isut danunelation the "OT-BJUOot i Act. Tho Foundation ® |tliftt'the United States tariff •i & Btruck by one nation at wßOiaic stability of sixty nations. " C? ®^ showed that Amerideclined greatly since tho wlff Disinterested ohserv£®®tted a tremendous falling off foreign trade, but attriffi s ®, only in part - to retaliatory explaining that the W* bade depression had more to

! J?^? s ' wer<! the subject of one i able ■ conferences at the i- Chamber of Commerce in tafcPjvfln, last' May; "out no action was jjj. the setting up of a eomK<3 wVi ' the problem of tariffs f ■. South America were ** Argentine, Brazil, Colombia, ■?) Ecuador, Cuba, Dominican -Wexito, Uruguay, Costa Eica, '*9®Ur J'-Qlatemala, Venezuela,' and NEWSPAPERS '^INCENSED. < JSr" tK * . - speech resented. lecembqr. 6th, 5.5 p.m.) PAEIS, )ecember 5. newspapers are incensed * Boaciman's outspoken House of Commons, and opinion that the ProBoard of Trade has com--4uccosß l of the Anglonegotiations, even the it is worth while'

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https://paperspast.natlib.govt.nz/newspapers/CHP19311207.2.54

Bibliographic details

Press, Volume LXVII, Issue 20413, 7 December 1931, Page 9

Word Count
699

TARIFF POLICY. Press, Volume LXVII, Issue 20413, 7 December 1931, Page 9

TARIFF POLICY. Press, Volume LXVII, Issue 20413, 7 December 1931, Page 9