FUTURE OF SOUTH AFRICA.
GENERAL SMUTS’ SPEECH IN ASSEMBLY. CAPETOWN, May 22. Continuing in the Budget debate, General Smuts said the question was in what way could protection be given to legitimate industries. The tariff needed revision, both from revenue and protective points of view. An in vestigation would be made by the Board of Trade into proposals, and tariff revision would be brought forward next session. He foreshadowed a new policy of bounties for iron and steel produced in South Africa, and a scheme for cattle raising. The industry was suffering from internal chaos, and export trade had been ruined. A way out of the existing disorganisa tion must be found, whereby the interests of farmers and consumers would be safeguarded. He was not in favour of nationalisation, but would not hesitate to adopt a system of State cola storage if no othet- solution is found.
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Waimate Daily Advertiser, Volume XXIII, 25 May 1922, Page 5
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147FUTURE OF SOUTH AFRICA. Waimate Daily Advertiser, Volume XXIII, 25 May 1922, Page 5
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