THE INDIAN TARIFF.
POLICY OF PROTECTION. SLIGHT EFFECT ON DOMINION. A fiscal commission in India has recommended the Government to adopt a policy of protection. No general system of Imperial preference should be introduced, stated the report. Any preferences found possible should be granted to the United Kingdom as a free gift. With regard to the other parts of the Empire, preference should be granted only through mutually advantageous agreements.
New Zealand would have nothing to lose by any tariff imposed against her ii' India. Our exports to that cour/ry are negligible, amounting in 1921 to only £43,000, of which only £20,000 represented local productions, and in 1920 to £50,000, most of which represented New Zealand produced goods. On the other hand, the Dominion's purchases .from India are very considerable. The value of our imports from that country in 1921 was £600,000, and in 1920 it was nearly £1,000,000. The principal goods obtained from India are hessian products— sacks, wool packs and jute bags— tea, other items being kapok, shellac, carpets and matting, and castor oil.
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New Zealand Herald, Volume LX, Issue 18297, 13 January 1923, Page 11
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176THE INDIAN TARIFF. New Zealand Herald, Volume LX, Issue 18297, 13 January 1923, Page 11
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