EUROPEAN TRADERS
BRITISH FIRMS BEING UNDERSOLD DELIBERATE INFLATION OF EXCHANGE. (Received February 18, 3 p.m.) LONDON, 17th February. That some European countries are. deliberately and systematically inflating the exchange against themselves in order to undersell and get their industries going before meeting their indebtedness, was a point urged by Sir Peter Rylands, a member of an influential industrial deputation to Mr. Austen Chamberlain, urging alleviation or postponement of the taxation of industries during the present depression. It was stated that Continental prices defied British competition. . Mr. Chamberlain replied that the factors mentioned were beyond Government control, and it was impossible at present to reduce the income tax. .
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19210218.2.87.2
Bibliographic details
Evening Post, Volume CI, Issue 42, 18 February 1921, Page 8
Word Count
107EUROPEAN TRADERS Evening Post, Volume CI, Issue 42, 18 February 1921, Page 8
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.