For some time now in order to foster Indian steel and on the representation of those interested, the! industry has been protected and subsidized but, judging by the reports coming from the United States, the effect of these measures is likely to act in the reverse rection from that which was in tended.
Giving as a reason that} the competition of subsidized Indian steel is unfair and that home products should, therefore, be protected, the United States Govern. ment is reported to be planning an anti-dumping duty on Indian pig] fron, as it finds that Indian products are underselling American manu factures in their own market.
Text read from the printed page and cleaned; old type leaves the occasional error.