U.S. WOOL TARIFF

Press, Volume LXXXIII, Issue 25309, 8 October 1947, Page 7

U.S. WOOL TARIFF

CUTS PREDICTED BY NEWSPAPER (Rec. 9 p.m.) NEW YORK, Oct. 6. The American trade newspaper “Daily News Record’’ says: “It is learned from reliable sources in Washington that the United States will cut its tariffs by 25 per cent, on raw wool imports and 15 per cent, on woollen and worsted woven fabrics, to be effective on January 1. “The present duty on wool, 34 cents Ser lb on a clean basis, will be reuced to 25| cents. “The duty on woollen worsted fabrics will be reduced from 35 to 30 per cent, ad valorem, with a quota of 20,000,0001 b yearly. Any imports above the quota would carry a duty of 45 per cent.” BRITISH CABINET CHANGES LONDON, October 6. London newspapers continue to speculate about Mr Attlee’s second instalment of Cabinet changes, which is generally expected to be announced to-morrow. Mr Shinwell’s position as Minister of Fuel is the subject of most discussion after Mr Arthur Horner’s statement that the miners would not want to see Mr Shinwell “sacrificed to appease the Federation of British Industries.’* The “Daily Express’’ reports that the Ministry of Fuel has announced that Mr James Griffiths, the present Minister of National Insurance, who is a former miner, will represent the Government at the miners’ conference at Cardiff on Thursday. The “Daily Express’’ says that the conference, which will discuss coal production, is of such importance that it would normally be taken by the Minister of Fuel. Mr Griffiths has been named by a number, of commentators as a possible successor 'to Mr Shinwell at the Fuel Ministry.

STAGGERED WORKING HOURS IN BRITAIN POWER-SAVING SCHEME BEGINS (Rec. 7 p.m.) LONDON, October 6. The British Government’s attempt to save electricity by staggering working hours has begun, affecting hundreds of thousands of British workers. Some are starting earlier and working double day shifts and others are beginning night shifts. The Control of Engagements Order, under which employers are not allowed to engage or seek workers other than through the Labour Ministry or an approved employment agency, also took effect. LESS BRITISH TIMBER * FOR HOME USE (Rec. 7 p.m.) LONDON, October B. The Board of Trade has announced that as part of the general scheme to divert production to export channels and cut imports, supplies of tiipber for manv types of furniture for the home market will be cut 25 per cent, immediately.