TARIFF PACT
FRANCE AND GERMANY. THE PRICE OF RELEASE. BKITISH TRADE PREJUDICED. (Received 9 a.m.) LONDON, August 20. Mr Philip Snowden, Chancellor of the Exchequer, in a statement in the "Evening Standard ,, expresses fear for British trade as a result of the proposed Franco-German tariff agreement.
The statement suggests that Mr Snowden dissents from the Allied agreement regarding default in deliveries and the imposition of sanctions. He states that he is not fearful of Germany's competition with Britain when the former is economically re-established, but under the draft Franco-German agreement the latter is compelled to admit imports from Alsace-Lorraine free of duty, while similar British imports am subject to a high tariff.
"This is unfair and one-sided to France," continues Mr Snowden, "and would be disastrous to us. The agreement may be forced on Germany by France as the price of release from French occupation.' .
Mr Snowden's view is generally interpreted as explaining Mr Mac Donald's letters on the question of the legality of the Ruhr occupation. It is believed that Mr Snowden is opposed to the British-Soviety treaty, but declines to confirm this.—A. and N.Z.
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Bibliographic details
Northern Advocate, 22 August 1924, Page 5
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186TARIFF PACT Northern Advocate, 22 August 1924, Page 5
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