BRITAIN'S FISCAL POLICY.

Marlborough Express, Volume XXXVII, Issue 162, 13 July 1903, Page 2

BRITAIN'S FISCAL POLICY.

THE CONSIDERATION OP INDIA..

EXPLANATION BY LORD

LANSDOWNE.

Press Association. Electric Telegraph. Copyright. Received July 12, 5.16 p.m. London, July 11. In the House of Lords, discussing the preferential trade inquiry, the Earl of Northbrook urged that a fiscal change was not for the benefit of India. Lord Lansdowne said he realised the importance of acting cautiously, but India would certainly come within the scope of an enquiry aiming at determining whether a plan was discoverable and to what part of the Empire it could be applied. The colonial tariffs were protective, but India's was purely a revenue one. The enquiry must bear in mind that the Motherland was India's great creditor, and must take account of political, equally with economic, consideration. Otherwise j they would offend the self governing i colonies It was intended to publish the faots and statistics collected to j show the basis of the Government's i ultimate judgment. Viscount Goschen welcomed the announcement. The Duke of Devonshire said the Government was anxious to publish the report at the earliest possible date.