GROWING WORSE

Gisborne Times, Volume LXXIII, Issue 12091, 2 November 1933, Page 4

GROWING WORSE

JAPANESE TRADE COMPETITION (U.P.A. by Elec, Tel. Copyright) LONDON, Oct. 31. Siar Henry Page Croft, M-P., for Bournemouth, at a meeting in Manchester, said Britain was faced with Japanese competition on all sides _ He emphasised the low Japanese wages rates, and added: “I cannot understand why we permit our cotton goods to be driven fr o m the markets in Crown colonies and protectorates when lie could insist on preferential treatment.” " He urged that. it. was essential to denounce the /Treaty of St. Germain-en-Lavo, whereby Kenya, Uganda •anj; Nyassaland were Placed on a free trade basis. He added: ‘ ‘Make sure of Empire markets while you can. The French and Italians don’t stand any nonsense in their colonies.” The Evening Standard says Britain must’ adopt drastic measures te dea] with Japanese, textile competition. In consequence of the depreciated currency and other reasons, so m e British manufacturers could not compete with the Japanese even if they wei'e relieved of tlie necessity of paying wages, dividends and freights. The situation is growing worse- An ordinary tariff is ineffective, and special duties on competitive articles are imperative, ,