ITALY’S IMPORTS

Grey River Argus, 21 February 1935, Page 5

ITALY’S IMPORTS

An Extensive Check MANY BRITISH LINES AFFECTED (Aus. and N.Z. Cable Assn.) (Received Februarv 20 at 9.40 p.m.) ROME. February 19. An official gazette shows that all of the chief British exports to Italy fire affected by the new restrictions. There is a list of 1500 articles which now require special import licenses. These include coal, machinery, woollen clothing, raw and prepared skins, worked steel, iron, fish, manufactured cotton, linen, hemp, tobacco, spirits, tea and biscuits. The restrictions on imports amount to from thirty-five to ten per cent. They are aimed at not only reducing the imports, but at affording bargaining points so aS to enable Italy to obtain favourable treatment for her ex ports. The importers have for some months been expected the edict, so large quantities of raw materials are now in hand. EXPLANATION OF CHANGE. ROME, February 20. Signor Gayda. in an article in the “Giornale d’ltalia,” says: “Italy is not going to suppress foreign imports. hut to regulate them according to the needs and possibilities of the lira Wo are entering a phase of widespread manoeuvring.’’