BRITISH TRADE POLICY

Taranaki Daily News, 19 December 1930, Page 9

BRITISH TRADE POLICY

POSSIBLE EFFECT OF TARIFFS.

the conservative viewpoint.

By Telegraph—Press • Assn.—Copyright. , -London, Dec. 17. 1' Addressing Conservatives Mr. ( Stanley Baldwin declared: “It is my firm convic- . tion ’ that the moment Britain joins .all the other industrial, countries in having her own tariffs and the moment the world sees us negotiating with the Dominions for Imperial economic unity, Europe' and the United States will doubt whether high tariffs are going, ultimately to benefit the'wopld. I am not in. the least' -alarmed at the Liberal-Labour pact. 1 * •/' . ■ ■ I' ■ Four Conservative members of the House of Commons, Sir Robert, Horne, Mr J. Buchanan, Captain Walter Elliott and the Hon. Oliver Stanley have issued a manifest! stressing the need foreconomy and trade agreements with the Dominions. ; They declare that the- whole national future is at stake and that democracy is threatened by the suggestion that a representative Government is unable to deal with business problems. Sacrifice and discipline are required from every class. 'lf there must bo a revision of wages in certain sheltered industries it must be accompanied by a wholesale revision of management methods and a sacrifice by capital as well as by labour. If the freetrader must relinquish his formula a .certain type of protectionist must abate his intransigence. The nation must not' be put off with fiddling while Rome burns. ■ '