FATAL ECONOMIC ERROR
AMERICA'S HIGH TARIFFS AUSTRALIAN PASTORALIST'S VIEWS MONTREAL, June 18, The Australian Associated Press interviewed Mr Stanley Hawker, an Australian pastoralist, who said that, despite the increased consumer demand due to returning prosperity and the inability to meet requirements without ever increasing the imports, the United States maintained a tariff higher than the average price of the raw commodity in Australia. America should see the fata] economic error of such an attitude, since it was stifling wool consumption Anything increasing prices beyond a certain level inevitably drove the consumer to substitutes, which placed all woolgrowers, including American, at an serious disadvantage. Mr Hawker advocates, if necessary, lifting the embargo on merino sheep entering America in order Lo improve the Quality of American wool and maintain the American consumption of fine wools.
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https://paperspast.natlib.govt.nz/newspapers/ODT19370621.2.101
Bibliographic details
Otago Daily Times, Issue 23222, 21 June 1937, Page 10
Word Count
133FATAL ECONOMIC ERROR Otago Daily Times, Issue 23222, 21 June 1937, Page 10
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