CANADA'S FISCAL POLICY.

Taranaki Daily News, Volume LII, Issue 320, 21 February 1910, Page 5

CANADA'S FISCAL POLICY.

BRITISH MANUFACTURERS AFFECTED. By Cable.—Press Association.—Copyright London. February IS. Canadians believe that the repeal oi the surtax on German goods will be at the expense of British manufacturers. On the other han.i, Jie opinion in Berlin assumes it to ue at the expense .of the United Slates. It is assumed that Amenta cniuiy has profited by the check v« iucii Lite surtax iuis put on German trade. THREATENED RETALIATION. CAN AMERICA FIGHT CANADA? Received February 20, 5 p.m. Washington, February 19. Mr. Knox, American Secretory of State, regrets neither Britain nor Canada has placed America in possession of facts proving that the Dominion is entitled to most favorable tariff rates. He suggests a prompt opening of negotiations, as tlie maximums apply automatically on March .'iist.

Received February 20, 5- p.m. London, February 19. The Times' Washington correspondent says that if maximums are imposed Canada will retaliate, and America is ill prepared for a tariff war with any country. Canada is America's third best customer.