Page 7 Advertisements Column 2

Hutt News, Volume 5, Issue 21, 12 October 1932, Page 7

FREE STATE ALARMED BRITAIN'S TAX A BLOW TO INDUSTRIES "PACING RUIN." Already there are signs that the British tariff of 20 per cent will prov© a crushing blow to Irish agriculture. "The tariff will displace Irish (producers from the position they occupy in. the English markets," said a leading exporter. It is expected that as a result of the tariff there will be a glut of cattle and produce in Ireland, and that prices will drop considerably. Fawners fear that this must end in general bankruptcy before long. The effects of the tariff were very noticeable at the fairs and markets held throughout the country. Hardly any business was done in cattle or produce and farmers were complaining that ruin was staring them in the face MB I>E VALERA SILENT Business in the towns will also be very seriously affected because a general trade depression and widespread unemployment are bound to result from such a blow to tho country's staple industry. Neither Mr de Valera nor his Ministers would discuss tho situation, but there was talk of a special fund to make good the farmers' losses. Where the money is coming from no one knows. It is .probable that Imperial preference will be abolished at once. «'TAX MEANS DISASTER.** How Free State industries will be hit by the duties is revealed by the following opinions of representative busings men: A horse-breeder.—About 50 per cent of the export trade in horses is with England. That will now practically all be lost. A bacon exporter.—The tariffs will wipe out the exf ort of pigs completely.; The tax means disaster for all of us. ! A baoon. curer. —Imminent Train, is staring the Irish bacon trade in the face. We shall not be able to compete with the Danish trade in the English market. lA poultry exporter. —It means that our trade will be simply wiped out. "Heaven help the poor Irish farmer!" was the comment of Mr Cosgrave, Leader of the Opposition and exJPresident of the Free State Executive. *•-