Proposal to Apply Imperial Pre: ference Rates Rejected and Withdrawn London, June 30, In the House of Commons Committee on the Finance Bill Mr, Herbert Spencer, Liberal Member for Bradford, moved an amendment to apply the Imperial preference rates on tea to China and Dutch East Indian teas, on the ground that China and Holland had treated Britain best in regard to tariffs of all countries in the world.
'Me. P. Snowden, the Chancellor of the Exchequer,' replied that he sympathized with' the amendment, "but regretted that he was unable to accept it for financial reasons.
The amendment was withdrawn—
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