WAR BY TARIFF
GERMANY'S NEW ARMS
DUTIES TO BARGAIN WITH,
FOREIGN BARRIERS -"MUST BE LOWERED..'-!
JDHTTSD PBEES ASSOCIATION—fIOPIBMHT.V
(REUTZR'S TELEGBAU.)
BERLIN/ 20th .May, Explaining the new tariff, which heavily increased the duties on cottip, woollen goods, artificial silk, and motor-cars, the Minster of Economic Affairs said they were merely transitory, intended to serve as a for bargaining with other countries, with a view to reciprocal reductions. The economic reasons for the increases were'the heavy burdens On-in-dustry through taxation, the reparations . the shortage of capital, and the high rates of interest. The commercial reasons were the powerful competing countries. Those from-which Germany drew raw materials had introduced high tariff ■barriers, the lowering of which was-es-sential to German industry if it was to survive. ■ ■ " ■
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Bibliographic details
Evening Post, Volume CIX, Issue 117, 21 May 1925, Page 5
Word Count
122WAR BY TARIFF Evening Post, Volume CIX, Issue 117, 21 May 1925, Page 5
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