PREFERENCE TARIFF

Dominion, Volume 19, Issue 57, 29 November 1924, Page 7

PREFERENCE TARIFF

NEGOTIATIONS OF CANADA AND NEW ZEALAND THE 75 PER CENT BRITISH REQUIREMENT SUGGESTED REDUCTION 'Negotiations arc proceeding between Canada and New Zealand concerning the change in the tariff requiring goods to be 75 per cent. British before being entitled to preferential treatment. The opinion is expressed that if the percentage were altered to 50 it would be beneficial jo certain industries. By Telegraph.—Press Association. COPYRIGHT. * (Rec. November 28, 9.10 p.m.) Ottawa, November 27. While the Canadian Government is satisfied with the progress of negotia tions concerning the change in the Now Zealand tariff certain. manufacturers take occasion to deny th© accuracy of the assertion that the majoiity of the Canadian automobile plants would bo adversely affected by th© 75 per cent. Canadian labour requirement. The manufacturers declar© that eight makers of Canadian cars ar e able to meet the proposed conditions. The Government, however, replies that only one car would qualify under a strict adherence to th© conditions, to which tli© manufacturers retort that the remainder would likewise qualify if they adopted this company’s policy. Nevertheless, New Zealand’s proposal is generally regarded as extreme, but the opinion is expressed that a maximum of 50 per cent, would actually be beneficial to certain manufacturers. It is suggested that this ratio would benefit the paper and fish industries, while not imposing excessive hardships on other pursuits.—Aus.-N.Z. Cable Assn.