PROPOSED DUTY ON WOOLLENS.
“REJECTION MEANS WAGES CUT.” Received July 9, 9 p.m. London, July 8. Ministerial circles consider the Board of . Trade committee’s recommendation in favour of a duty on woollen goods is too vague and unqualified to justify action on it. Leading industrialists express the opinion that rejection means a wages cut. Mr. Sydney Hlingworth, chairman of the joint safeguarding committee of employers and. operatives said even a 15 per cent, duty would not be sufficiently high. Since nothing was replacing safeguarding the industry would continue to suffer and workers would continue to be unemployed. Air Walter Andrews, formerly president of the British Wool Federation, said any duty duty below 25 per cent, would not really ha”e been effective. They should be called to fall back on free trade as an alternative to lower wages. Mr. Arthur Shaw, secretary of . the National Association of Textile Unions, was of opinion that 15 per cent, duty would enable manufacturers to get within measurable distance of foreign competition. .
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Taranaki Daily News, 10 July 1929, Page 9
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167PROPOSED DUTY ON WOOLLENS. Taranaki Daily News, 10 July 1929, Page 9
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