PREFERENTIAL TRADE.

Timaru Herald, Volume LXXXI, Issue 12582, 20 January 1905, Page 3

PREFERENTIAL TRADE.

7 United' Press ..."" . Telegraphs—Copyright. - ':• . '.. ' t ». ; ' ' LONDON, January 1& ilr B. P.' Hirdyi' ttCtoaiy. 'wta recently returned from /Australia, read arpaper at lite .Colonial Institute on Imperialism from lustralaSia'a" standpoint. • He contended that 'closer; political between tin.Mptherland and the. colonies was 'not.-ad-VSable, whi'e commercial union was both tfasible and desirable. ...Any cojonial'pre;'erence' given theiiMotberJand onthe basis ">f higher- daties..ngainrt foreigners would 'prove of Httle advantage to Britain, while* vit would - be. - dishinctiy-' injarioua . to' the colonies. Colonial ..given by lowering the Unties Against British imports, frould increase prosperity in Britain anc:he colonies. , -■ *. , __ * c -The Duke of Argyll, who presided, said that if .any preference, whicij . mjght be granted were lound harmful. it co'uld be i withdrawn. It was difficult to understand the fuss people were making. , The-Hoa. \V. James, Agent-General for Western- Australia, said .that trade preference wculd' undoubtedly bring closer pd-' "Titicaiunkra. -. Major-General Hutton, late Commandant of the Federal Forces, said that Australia bad adopted. complete system of national defence, than the rest of the Em- •- THE NEW IMPOST. Received 9.36 p.mi, January I9th. ' " LONDON, Januiry 19. .The Cobden Club 'will represent '.to the Commonwealtli the trouble and injury inflicted upon British ""traders bv the new. protectionist' r impost' en advertising- matter,. which/ apparently, coatradicts the -Govern-ment's-expressed'desire to extend to' Great Britain "the best conditions of importation. Sir. John ilorley, in an address at Brechin, outlining the impressions of his visit fo the United States, "said that he was convinced that'the revolt against a high protective tariff was growing too strong to be long resisted. Tbe Birmingham Chamber, of Commerce has adopted a resolution warmly welcoming a colonial conference ■