PREFERENCE TO EMPIRE

Taranaki Daily News, 24 July 1930, Page 11

PREFERENCE TO EMPIRE

TREND OF -RECENT EVENTS MARKETS FOR THE DOMINION “WHAT IS BRITAIN DOINGF’ By Telegraph—-Frees Assn. —Copyright. Rec. 9.40 p.m. London( July 23. Directing attention to the significance of recent news items the Morning Post recalls Mr. J. H. Scullin saying preference in Australia would be further increased if - Britain would enter further into reciprocal arrangements. It- also mentions New Zealand’s newly increased preferences, Canada’s similar Budget provisions, and the Indian Government’s' insistence on British preference. duties on cotton cmfwyp cmfwyp p Wliile agreeing with the rise in the fiscal duties on cotton the paper cays these fiscal actions being undertaken show: that at least a part of the Empire would be prepared to progress further along the. road of preference if there were a chance of something being obtained in return. “Is anything being done?” the paper asks. “We could, if we liked, make tempting offers. It is easy to see what even a small advantage in the British market would .mean to the Canadian wheat farmer in the matter of security. So in Australia, where wheat is one of the staple crops, and in South Africa, where especially maize growing might be developed. New Zealand .as a grower of mixed produce would also like a stake in the British market. The old countries have shut us out; our future lies with the new countries.”