INCREASED DUTIES

Southland Times, Issue 21561, 26 November 1931, Page 7

INCREASED DUTIES

BRITAIN’S ACTION AMERICA NOT PLANNING REPRISAL MR HOOVER’S VIEWS (United Press Assn.—By Telegraph—Copyright.) Washington, November 24. Mr Robert Lincoln O’Brien has been named as chairman of the Tariff Commission by President Hoover, refilling the place to be vacated on November 30 by Mr Ilenry P. Fletcher. Interest in tariff matters has been great lately, especially in view of the imposition of import levies by Great Britain. It was definitely ascertained to-day that the United States Government was planning no reprisal against the British increase. Mr Hoover has learned that only 16 per cent, of the United States goods normally imported into Britain will be affected by the British action, which is weighing far more heavily upon other countries than upon the United States. Mr Hoover is convinced by his study of the United States’ foreign trade, particularly with Britain, that it is less competitive than was generally thought. The increases, he feels, should be considered as the domestic prerogative of Britain, and should not be criticized by the United States. BRITISH GOODS SEARCH FOR EMPIRE MARKETS. (British Official Wireless.) Rugby, November 24. Answering various questions in the House of Commons regarding methods of developing internal trade, Mr J. H. Thomas, Secretary for the Dominions, said that in his tour through the dominions he would certainly endeavour to find new markets for British goods. Asked if the dominions would lower their tariffs, he said he halted to be in a position to offer certain advantages and the dominions might be expected to reciprocate. The Prime Minister later said the question of the development of internal trade was receiving consideration, and that the necessary information was being collected and examined. NEXT BUDGET GENERAL TARIFF EXPECTED. (Rec. 7 p.m.) London, November 25. The Daily Telegraph says it Is now certain that the next Budget in April will be a tariff Budget. Idle Government will by then have worked out plan for the protection of British industry by means of a general tariff.