A BOOMERANG.

Grey River Argus, 8 July 1922, Page 5

A BOOMERANG.

TARIFF AGAINST GERMAN FABRICS. ENGLISH TRADERS PROTEST. [A. and N.Z. Cable Association.] (Received Julv 7, 11.30 p.m.) LONDON, July 7. In consequence of the Cabinet pr< posing ;o enforce the .Safeguarding < iudusii'ics Act, putting a duty of thi. t_.-'three and one-third per cent upo luOric gloves, the Lancashire cotto spinners and operators have sent deputation to Air Lloyd George, wh pointed out that harm would be don to the Lancashire yarn trade far grea er than any benefit to tlie glovemaker; Mr Lloyd George replied that h was alarmed at the prospects of th German people working for wage whereof the purchasing power was onl 4U per cent of the wages paid in Bril aim This was not natural, he saic and had not been forseen by eithc the tariff reformers or the free trader before the war. German goods, h said, were not yet flooding the mark-et of the world, but the time would com when legislation like the Sul eguardin of industries Act would be csyentia not as a tariff, but as a wall, agaTns a deluge. lie promised that tlie Cat inet would discuss again the probler oi fabric guoves.