OTTAWA AGREEMENT

Hawera Star, Volume LIV, 27 March 1935, Page 7

OTTAWA AGREEMENT

REVIEW IS WELCOMED. ■‘DOMINIONS’ FISCAL POLICY.” 'United Press Association —By Electric Telegraph Copyright). LONDON, March 26. “The statement that the Australian Ministers have been confronted, with, the necessity of reviewing the whole structure of the Ottawa Agreement is as welcome as it may seem surprising,” says the Yorkshire Observer. “Tlie Dominions promise to revise their tariffs and afford reasonable economic conditions to our manufacturers has remained a dead letter. Australia has continued to support home manufacturing industries by artificial tariffs. Britain cannot be expected to grant costly favours for meat imports while our own goods are shut out, merely to save these Dominions’ statesmen from their own fiscal folly.” “We had some experience of quotas being worked against ourselves,” Mr Baldwin said. f ‘l am quite convinced that the opinion a 1 foreign countries and the Dominions has turned! in the direction of tariffs, and I think it extremely likely that with, the British fiscal policy, whatever Government maybe in power, the tendency, will be to rely on a system of duties.”