Thank you for correcting the text in this article. Your corrections improve Papers Past searches for everyone. See the latest corrections.

This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.

Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image

FREE ENTRY TEST

TEA DUTY AND INDIA

(British Official Wireless.) (Received 29th July;' 11 a.m.)

BUGBY, 28th July.

Yln Mr. Baldwin's statement ■it was shown that Dominion, goods enjoy a high; degree of free. entry into; the British market. , About 90. per cent, of Dominion goods camo: in free, but Indian goods do not entecf reo; to tliat extent. The fact that 37 per; cent, of India's goods are dutiable on entering Britain is duo to the British duty on tea, which duty is for revenue pnrposos; at the same India, enjoys under,the tea duty a very valuable pro-, fcrence. . -■■ .. ' ; .:-- : ■'. 'Yv. ./'■";.; •'•':■ While the United Kingdom takes-90. per cent, of Dominion goods duty free, and:. only; 30 per cent of foreign; goods duty-free, there is practically no -free entry of United Kingdom goods into the four principal Dominions/ : • While Dominion preference takes the form of a less duty (yet-often a considerable duty) than: on foreign goods, United Kingdom preference takes the form of total remission f duties payable-by foreign goods.: While the visible trade balance in favour of the Dominions was nearly one hundred million pounds on the British trade of 1930, imports into Dominions from, foreign countries were nearly- £350,000,000. : Regarding preferences accorded' by .the Dominions, the statement urges that, if preference is to be of material assistance,' the ■ rate of duty charged should be so graduated as to give to. United • Kingdom ■ products, real assistance, and should: bo fixed for protective purposes no~higher than is 'necessary to give reasonably efficient industry in Dominions a fair chance. ' :','.-■ :- :.--:■ ■■' '.<■■• , is called to tho favourable tariff treatment: which Britain has hitherto accorded to Dominions imports cpijjpetbg with goods-she herself produced. That over half- Britain's exports, go to foreign countries, that she is; highly industrialised, and • that i she hasitwo ; and three-quarter millions I unemployed are f^cts used to empha-' sise the point .that, anything .tending to check Britain's- foreign 'exports must lessen- the purchasing and saving power of .Her.. people, and eo : damage markets on. which' Dominions: SO; largely depend;

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19320729.2.56.1

Bibliographic details

Evening Post, Volume CXIV, Issue 25, 29 July 1932, Page 7

Word Count
337

FREE ENTRY TEST Evening Post, Volume CXIV, Issue 25, 29 July 1932, Page 7

FREE ENTRY TEST Evening Post, Volume CXIV, Issue 25, 29 July 1932, Page 7

Help

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert