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THE JAPANESE TARIFF.

FALLS HEAVILY ON ENGLISH GOODS. [Br Electric Telegraph—Cori-iu<;i.r'.] (Per Press Association.) Received July 25. at 11.20 p.m. London. July 2"). Fresh details of th.- Japanese tanfl operating in July. 1011. show that the average increase of duties is (JO per centum compared with 50 per cent, in the case of all other countries. The Times says the tariff lias been .inspired simply' by the desire to do what is best for Japan. Britain's exports are mainly tilings the Japanes" are anxious to manufacture themselves, hence the tariff is very prejudicial to manufacturers in Lancashire and YorKshire. Altogether, it is estimated that the tariff will exclude threequarters o a million pounds' worth of Britisn goods. . Meanwhile- Baron Komura, Minister for Foreign Affairs, has intimated that any negotiations with foreign countries for thf> purpose of mitigating the effects of the tariff must be based on the principle that Japan is negotiating for equal terms and giving concessions to any country for concessions of equ.-.i value. Received July 20, at 0.30 a.m. London, July 25. The Dailv Chronicle, referring tr Baron Komura's recent statement'thai Britain, having what is called a freetrade policy, there is no room tor a convention with her, says it was intended rather as a panegyric than otherwise. Our supreme advantage as manufacturers is that we are able lo buv materials freely and produce mo-v cheaply than our rivals. This estimable boon is one of the secrets of our supremacy. Then must we because we are not allowed to sell freely refuse to buv freely? Our export trade is actually larger and more varied than ovc before.

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https://paperspast.natlib.govt.nz/newspapers/OAM19100726.2.31

Bibliographic details

Oamaru Mail, Volume XXXVIII, Issue 10516, 26 July 1910, Page 4

Word Count
270

THE JAPANESE TARIFF. Oamaru Mail, Volume XXXVIII, Issue 10516, 26 July 1910, Page 4

THE JAPANESE TARIFF. Oamaru Mail, Volume XXXVIII, Issue 10516, 26 July 1910, Page 4

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