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The Tariff Bill.

DUTY OX HOSIERY, In the debate on the Tariff Bill in the House of Representatives on August 30th, a proposal to reduce the duty on “hosiery not otherwise enumerated'’ from 25 per cent. ad valoreum to 20 per cent, was rejected by 34 to 27 votes. Mr Hanan, the member for Invercargill, who voted against the reduction, said he did not think the duty proposed was reasonable. According to the evidence g-iven by the manufacturers of hosiery before the Tariff Commission in Australia, they were unable to compete with the foreign importations, and, further, that most of those importations were of a shoddy nature. The same remark applied to Xew Zealand manufacturers. There war no necessity for the people of this colony to go outside to obtain many common articles of every - day wear. The Mo-sgiel and other woollen mills were in a languishing condition at the present time, and thes ? required to be placed on a firm footing by retaining' this duty. Last year tiie Mosgiel factory paid only 34- per cent., and that was taken out of reserve capital. It was highly discredit aide to the colony that such a large amount of shoddy and other spurious woollen goods were imported. By extending protection to this industry and retaining control of the local market they would release employment and develop our raw materials, which would he used largely in these industries. Moreover, they would keep thousands of pounds in use and in circulation among Xew Zealanders, instead of allowing such wealth to go out of the country in payment for foreign surplus manufactures. Wo should supply our needs in this connection, and so insure employment for our wage-earners, Xew Zealand was urgently in need of more industries, and it was necessary that we should produce and manufacture our own home requirements as nearly ar possible, rather than ah low our main supplies to be manufactured at Home or elsewhere. The interests of our own workers and people should come first.

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Bibliographic details

The Tariff Bill., Southern Cross, Volume 15, Issue 22, 14 September 1907

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The Tariff Bill. Southern Cross, Volume 15, Issue 22, 14 September 1907