DUTY ON WOOL.
MAY BE ItEOUCED , BY '.. . QNE-HAIF. . - AMERICAN : imSV big saving; to consumers LOSS OF FOOD ON;i?REE LIST. By Tekgraph.—Preas"'Association.—Copyrisht. 4> 10.?5 P-ni.) London, April 4. The Washington correspondent of :he Daily Chronicle predicts that tnoj AaericanTariff; Bill will save the consumers the sum of £175,000,000 annually. The loss to the revenue is estimated at £20,000,000, the difference being the profits accruing to the trusts. ".: ..'".' "■'•',.' .'•-.'.,- ■ ■.'. ■■'.'•■• •■• ■'■ £'•' The measure is described/as the nearest approach to free trade that has existed in the United States since the eve of the civil war. _ Foodstuffs will be placed on the .free list. »..••:;■ • ■'■ ~.■•■ ■■ -' As the Senate is vigorously opposing the: placing of wool on. the free list it is anticipated by many that a compromise will be arrived at by reducing the duty by one-half.
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Bibliographic details
New Zealand Herald, Volume L, Issue 15269, 5 April 1913, Page 7
Word Count
130
DUTY ON WOOL.
New Zealand Herald, Volume L, Issue 15269, 5 April 1913, Page 7
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