BIG TRADE DEAL

Grey River Argus, 10 September 1935, Page 5

BIG TRADE DEAL

CANADA AND U.S.A. Many Duties Being Lowered (Aus. and N.Z. Cable Assn.) (Received September 9, at 11.30 p.m.) WASHINGTON, September 9. Thc Canadian and United States Governments are negotiating a trade treaty providing for a great many mutual concessions. Reductions in the Canadian duty on more than seven hundred natural and manufactured, product items, in ro turn for a fifty-per cent reduction oi the United States tariff on a specified list of Canadian natural products and also on some of Canada’s other commodities forms the main basis of the reciprocity negotiations between Canada and the United States. It was disclosed to-day that among the Canadian products to be affected are lumber, fish, potatoes, milk, cieam. Jive cattle and also several minerals. LONDON, .September 6.

The Associated Press special Geneva correspondent says: Fulfilling a request to examine the Anglo-French commercial treaty, representatives of Holland, Spain and Switzerland, on behalf of the Mandates Commission; submitted a report' including a statement: “It is common knowledge that Britain always regarded the system of preference between the Empire and Britain as compatible with the most favoured nation clause, which it lengthily embodies in its commercial treaties with other Powers. This conception which itself has been questionable since the Dominions acquired full automony on commercial questions, is founded on the fiction that for Britain they are not foreign nations, but subjects of his Britannic Majesty. Foreign countries have mostly accepted this view.” Mr Bruce, commenting on ‘the report at the Council meeting, said: I have grave doubts as ito the propriety of the committee’s comments. So far as Australia is concerned, they are not acceptable as an authoritative opinion on the relations between mem hers of the British Commonwealth of Nations. Accordingly, in accepting the rapporteurs’ report, it must not be taken that I accept in any way, the committee’s views concerning the matter.