AN EFFECT OF PREFERENCE
THE CASE OF NEWSPRINT.
(Received 31st October, 1 p.m.)
sNJEW'. vEORK, 30th October. In a speech'at Quebec, Mr. C. Howard Smith, president of the Canadian Manufacturers' Association, took a doleful view .'of-the effects of repeated tariff reductions on the industry of the' Dominions. Ha said that Australia had barred Canada's newsprint by preference in favour of Britain, the result being that Canada buys practically nothing from Australia. If Canada had not. increased the preference 011 British woollens, Canada would have been able to build up a woollen industry, which would have enabled net to become a big purchaser of Australian wool, and thus able to bargain with Australia for equal treatment regarding newsprint. The Australian preference on British newsprint had- not greatly benefited- Britain, but it had benefited the Scandinavian newsprint manufacturers, as Britain bought newsprint for its own use in Scandinavia, where labour was cheap, and sold its own output in Australia.
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Bibliographic details
Evening Post, Volume CVI, Issue 105, 31 October 1923, Page 8
Word Count
157AN EFFECT OF PREFERENCE Evening Post, Volume CVI, Issue 105, 31 October 1923, Page 8
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