CANADA’S TARIFF
MOTOR CAR MANUFACTURE.
AMERICAN FILMS AFFECTED. CHANGE IN POLICY NECESSARY. BY CABLE—PRESS ASSOCIATION—COPYRIGHT. OTTAWA, April 17. The Canadian , automobile plant of Messrs. Dodge Brothers, at Toronto, will close on 'Saturday, as a result oi the reduction in the tariff on automobiles. Six hundred men are affected. It iiS announced that General Motors. Corporation works at Qshawa, Ontario, which were .closed yesterday, will resume operations on Monday. The suspension was necesary in order to make price read]utnie nts. A) notice announcing the closing of the works stated ; “On account of tariff changes, the entire plant has Ibeeu closed indefinitely until the company is alble to arrive at an intelligent conclusion as to what future course may be. .considered advisable.”
Toronto repo its that, tlqj motor factories m general are continuing operations temporarily, but many of them will fiiul it imperative to begin transferring important parts> of their operations from Canada and to increase their imports, both of motor-cans- and materials, from the United States. V view is expressed in a statement by Mr. T. A. Russell, president of the Automobile Industries Association, following a meeting to-day at which the automobile manufacturers discussed the reductions in the duties on motor-cars in the F'ederal Budget. New York reports that the .stocks, of the Ford Motor Company of Canada suffered severe declines on the kerb market theie yesterday and .to-day, dropping 160 points in. two days. Sellers acted under the belief that the reduction in the Canadian tariff would Largely wipe out- the advantage of American companies operating in .Canada.
A telegram from Windsor, Ontario, says that the Ford Motor Company on Saturday announced its intention to continue operations, in .spite of the fact of the reductions in the tariff. “We believe it is the duty of .all patriotic citizens to early on and do their utmost to build mp Canada,” Mr. Wallace Campbell, vice-president of the company, stated at O'shawa, Ontario. “We have definitely decided to discontinue the manufacture >and assembling! of Oakland, Cadillac, Old.smobile and G.M.G. trucks immediately, and to import these oars completed from the United States,” Mr. R.. 9. McLaughlin, president of General Motors, Ltd., Canada, announced on Saturday. “Within ninety days the manufacture o,f Chevrolet's, will cease and they will be imported completely finished, while the manufacture of McLaughlins may be 'Continued on a oloise margin, of profit. ’ ’ 1
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Bibliographic details
Hawera Star, Volume XLVI, 19 April 1926, Page 5
Word Count
392CANADA’S TARIFF Hawera Star, Volume XLVI, 19 April 1926, Page 5
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