THE LATEST SACRIFICE.
BRITAIN AND THE SUGAR CON-
VENTION
OUTBURST BY THE TIMES
[press association.] (Received June 8, 9.14 a.m.)
LONDON, June 7
In the House of Commons. Sid Edward Grey (Foreign Secretary) announced that Britain had intimated to the States concerned in the Sugar Convention that she is prepared to withdraw from the Convention in 1908 unless exemption from penalising bountyfed sugar be given.
Sir Edward Grey said that the idea is to enlarge the sources of supply. He declared that he did not desire to see a revival of the system of bounties.
Commenting on the action of the Government, The Times argues in favour of the Convention, under which it states that the colonial sugar-indus-try would be revived; adding: "but. now the Government has crushed out the same industry, and given Germany and Austria a monopoly, with power to raise prices. After running counter to the wishes of the self-governing Colonies in the Colonial Conference, the Government is offering up the West Indies on the same altar of fiscal prudery."
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Bibliographic details
Marlborough Express, Volume XLI, Issue 134, 8 June 1907, Page 4
Word Count
173THE LATEST SACRIFICE. Marlborough Express, Volume XLI, Issue 134, 8 June 1907, Page 4
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