PREFERENCE ADVANTAGES.

New Zealand Herald, Volume LXI, Issue 18711, 17 May 1924, Page 9

PREFERENCE ADVANTAGES.

CANADA AND ; BRITAIN.'

ORRESPONDENCE PUBLISHED

CONSIDERATION EXPECTED, j By Telegraph—Press Association—Copyright. (Received 11.55 p.m.) Reuter. OTTAWA, May 15. ** Canada has given preference in her own interests as "well as in what she conwived to be the interests of the rest of the Empire." declared the Prime Minister, Mr. W. L. Mackenzie King, in correspondence with the Baldwin Government during the sittings of the last Imperial Conference. This correspondence is published to-day. In a letter to Sir P. Lloyd-Greame, who was then President of the Board of Trade. Mr. King stated that Canada's preference had never in the past been made conditional on the United Kingdom granting equal preference in return. The letter proceeded Should the British people decide at any time that it would be in their own interests and what they conceive to be the interests of the Empire to make far-reaching changes in the present fiscal policy, Canada naturally expects in the establishment of a tariff that full and adequate consideration will be given through preferential duties to the interests of Canada's producers, and to th« substantial preference which Canada accords to British goods.

■ Mr. King's outlined some of the chief Canadian exports on which effective preference would be of most value, especially wheat.