FUTURE OF IMPERIAL PREFERENCE
There was no question of Imperial preference, as such, having been covered by the Lend-Lease settlement. That settlement referred back to the Atlantic Charter, which said that international trade arrangements were subject to existing obligations . Imperial preference was certainly an existing obligation. What Britain had agreed to do was to scale down the tariffs, and, on a reciprocal basis—-
| bargain for bargain with the United States—to reduce Imperial ptefer- ! ences. Our policy was to maintain our pre i ference for Britain and our preferI ence in Britain. If. however, at the request of Britain and for the benefit of Britain, we could reduce some of our preferences in exchange for tariff reductions by the United Slates there I would be no harm in that.
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Bibliographic details
Wanganui Chronicle, Volume 90, Issue 167, 22 July 1946, Page 5
Word Count
128FUTURE OF IMPERIAL PREFERENCE Wanganui Chronicle, Volume 90, Issue 167, 22 July 1946, Page 5
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