TRADE RELATIONS.

Evening Post, Volume LXXIX, Issue 76, 1 April 1910, Page 7

TRADE RELATIONS.

CANADA AND UNITED STATES. THE TARIFF AGREEMENT. "RETALIATION SOMETIMES NECESSARY." Telegraph.— Pres* Association.— Copyright. NEW YORK, 31*t March. President Taft has invited tho Canadian officials to a conference to consider • closer trade relations and a general readjustment of duties. OTTAWA, 31st March. Mr. W. S. Fielding, Minister for Finfence, 6peaking in the Dominion Houfc of Commons t and referring to the tariff agreement with the United Stages, 6aid that one result hod been a tacit recognition of tho right of British colonies to give mutual preference. Retaliation was Bometimes necessary in self-defence, but a tariff war would be deplorable. Canada was now ablo to give preference to Jamaica and other colonies. Ho emphasised that an honourable compromise had been reached, and acknowledged the unfailing co-operation and support of the British Ambassador, Mr. James Bryce. Mr. Fielding added that he had firmly refused to give the United States the whole of the list of benefits in the Franco-Canadian commercial treaty, but said he had offered to reciprocate for special reductions in favour of Canada below the minimum United States tariff. AUSTRALIA AND NEW ZEALAND. AMERICA" EXTENDS MINIMUM TARIFF. WASHINGTON, 31st March. President Taft has issued a proclamation extending the United States minimum tariff to Australia and New Zealand.