NEW BRITISH DUTIES.

New Zealand Herald, Volume LXIX, Issue 21166, 26 April 1932, Page 9

NEW BRITISH DUTIES.

CONCERN CAUSED ABROAD. WOOL TRADE DISCONTENTED. (Received April 25, 5.5 p.m.) LONDON, April 24. Although the new tariffs arc generally welcomed in Britain strong claims are being made for higher duties on pig iron, pottery, wool textiles, leather and glace kid. The duties are causing concern in France, Germany, Belgium and America, all fearing a sharp drop in exports to Britain. There is consternation in the woollen industry as the result of the Tariff Board's reduction of the duties on wool manufactures. Many prominent Yorkshire industrialists led a scries of deputations to the Board of Trade and other Government departments. Members of tlio House of Commons who represent woollen constituencies say the latter arc seething with discontent. The Board of Trade says the matter is out of its hands. Representations must bo mado to the Advisory Committee, which is not inclined to alter the proposals for a. year.

Tim Yorkshire Observer describes the new tariffs as a shock. Mr. Henry Ayrton, president, of the British Wool Federation, says there v.-ill be a tremendous increase in imports, and a great slackening of trade and much unemployment will follow.