BOOMERANG TARIFFS.
■ Mr.' Lascelles Parrington, representing British manufacturers in Australia, in commenting on the increased outwdrd freights to Australia, said that the'increase was riot going to.help trade within the British Empire. The economic situation of Australia contained the elements of humour. In her charges and conditions England was attempting to get back to her pre-war position, but in Australia prices and rates,were soaring higher and higher. . The increase in freights,would not provide facilities fbr improvement,: and the boomerang of'high tariffs and bounties would return to affect adversely,the Australian manufacturer. A ship that arrived in Australian waters had eventually to leave Australian waters, and if handling dues remained at their present uneconomical standard, the cost to the Australian manufacturer of shipping his produce would continue to handicap him in overseas markets. "The position was very difficult, and the existing tariff wall did not seem to be improving Australia's position. .. • ■ . . ■
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Evening Post, Volume CVII, Issue 10, 12 January 1929, Page 12
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148BOOMERANG TARIFFS. Evening Post, Volume CVII, Issue 10, 12 January 1929, Page 12
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