AUSTRALIA'S ACTION
RAISING TARIFF ON COTTON
A MANCHESTER VIEW
United Press Association—By Electric Tclo
graph—Copyright.
LONDON, August 28.
The "Manchester Guardian" in an editorial states: It is fairly certain that the Australian Cabinet's attitude to the cotton duties is governed purely by ■ electioneering considerations.
It certainly never entered the heads of Lancashire cotton leaders and provision dealers in threatening a boycott that, they were taking sides in Dominion politics.
The Federal Government is trying to buy oft! the primary producers o£ Queensland or some of them and a section of manufacturing interests in Victoria and New South Wales concerned with cotton. The argument that counted for most is that British goods must be kept out or made to be at a prohibitive price to enable Queensland farmers to find an assured market for their cotton.
Self-sufficiency in manufactures ana an expanding market in Britain/are incompatible. To attempt self-sufficiency. in new fields and to provoke British retaliation against Australian exports seems about as bad a business policy as the Australian Government could pursue. After the election perhaps reason may dawn.
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Bibliographic details
Evening Post, Volume CXVIII, Issue 51, 29 August 1934, Page 9
Word Count
179AUSTRALIA'S ACTION Evening Post, Volume CXVIII, Issue 51, 29 August 1934, Page 9
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