ACTION DEMANDED
JAPANESE COMPETITION LOST BRITISH TRADE \ (Elec. Tol. Copyright—United Press Assn.) (Received November 1,2 p.m.) LONDON, O’ct. 3L. .Sir Henry Page Graft, M.P. for Bournemouth, at a meeting in Manchester, said we were faced with Japanese competition on all sides. He emphasised the low Japanese wages rates, and added: “I cannot understand why we permit oar cotton goods to be driven from the markets in Crown colonies and protectorates when we could insist- on preferential treatment. ’’ He urged that it was essential to denounce the Treaty of St. Germain-en-Lave, whereby Kenya, Uganda, and Nyassaland were placed on a free trade basis. He added: “Make sure of Empire markets while you can. The French and Italians don’t stand any nonsense in their colonies.” The Evening Standard says Britain must adopt drastic measures to deal with Japanese textile competition. In consequence of the depreciated currency and other reasons, some British manufacturers could not compete with the Japanese even if they were relieved of the necessity of paying wages, dividends, and freights. The situation is growing worse. An ordinary tariff is ineffective, and special duties on competitive articles are imperative.
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Bibliographic details
Poverty Bay Herald, Volume LX, Issue 18234, 1 November 1933, Page 8
Word Count
188ACTION DEMANDED Poverty Bay Herald, Volume LX, Issue 18234, 1 November 1933, Page 8
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