EMPIRE’S FISCAL POLICY

Star (Christchurch), Issue 17169, 12 October 1923, Page 7

EMPIRE’S FISCAL POLICY

GOVERNMENT’S MODEST 1 SUGGESTIONS. By Telegraph—Press Association—Copyright Australian and N.Z. Cable Association. (Rceived October 12, 10 a.m.) LONDON. October 11. The “ Daily Chronicle” declares that the free traders will experience a feeling of relief and robxist tariffites will entertain a corresponding sense of disappointment at the Government’s modest suggestions before the Economic Co nference. ‘‘ From the free trade standpoint., the proposals involve no further breach of "fiscal principles, and are comparatively unimportant. ” FRENCH NEWSPAPER OPINION. By Telegraph—Press Association—Copyright Australian and N.Z. Cable Association. (Received October 12, lO a.m.) PARIS. October 1.1. French opinion is considerably interested in the Imperial Conference. The t{ Temps.” commenting on preference, says that the proposals will provide a breach for the Conservative Party to steer their economic policy through Mr Bruce’s proposals. They may be classed as the .Bruce' Doctrine.” which will be 'the ” Monroe Doctrine,” applied to the British Empire.” The "Temps” offers no opinion regarding the possibility of realising such a doctrine, but declares that its fulfilment will bring in its train serious political, effects and argues that if British markets are closed to German traders. Germany will be seriously affected and the pledges France and Belgium hold in the Ruhr wilL be rendered more necessary than ever.