GOODS FROM GERMANY.
PRECAUTIONS BEING TAKEN,
LONDON. July 6.
In consequence of Cabinet proposing to enforce the Safeguarding of Industries Act by putting a duty of 35 1-3 per cent upon fabric gloves, the Lancashire cotton spinners and operatives sent a deputation to Mr Lloyd George and pointed out that harm would bo done to Lancashire’s yarn trade far greater than any benefit to the glovemakers.
Mr Lloyd George replied that he was alarmed at the prospects of the German people working for wages whereof the purchasing power was only 40 per cent of those paid in Britain. This was not natural, and was not foreseen either by tariff reformers or free traders before the war. German goods were, not yet Hooding the markets of the world, but the time would come when legislation like the Safeguarding of Industries Act would be essential, not as a tariff, but as a wall against the deluge. He promised that Cabinet would again discuss the problem of fabric gloves.—A. and N.Z. cable.
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Bibliographic details
Manawatu Standard, Volume XLIII, Issue 445, 10 July 1922, Page 5
Word Count
169GOODS FROM GERMANY. Manawatu Standard, Volume XLIII, Issue 445, 10 July 1922, Page 5
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