AFRICA’S TARIFF

Hawera Star, Volume XLVIII, 11 April 1925, Page 5

AFRICA’S TARIFF

FAVOURS FOREIGN COUNTRIES.

MORE THAN BRITAN,

WILL INCREASE COST OF LIVING,

BY CABLE—PRESS ASSOCIATIONyCOPYRIGHT

(Received April 11, 9.10 a.m.) CAPETOWN, April 10

All expert financial authority regards the. proposed new tariff as betraying a distinct tendency to encourage foreign rather than British trade. Of 322 items listed, 275 are the same both in - the maximum and minimum columns. Of the remaining 97 items, 22 are definitely allocated to Britain for preferential rebate, seven to Canada, six to New Zealand, four to Australia. These apparently will not be used for bargaining with foreign countries The remaining items are explicitly designed for favoured nation negotiations with ■ foreign countries, preference to Britain and Dominions is -less stable than concessions tor • foreign countries. An examination of rebates show that many of them are of doubtful value, whereas in the opposite case many items are selected for quid pio quo general opinion in commercial circles is that the tariff will raise the cost- of living, as the increased duties will be passed on to the consumer, •with something added. Aus.-N.Z. Cable Assn.