The Archive · 1925

Imperial Preference

Br. Chuechill effect to the Bri proposals at the Imperial Conference of 1928 in so fur as they did not Involve new additional duties on food. He proposed to remove the existing duties on Empire dried-traits and to increas: the preference on Empire tobacco from one-sixth to one-fourth of the fall duty. He proposed to increase the preference fon heavy wines from one-third to thvo-thivels and to increase the preference in the surtax on sparkling wines from 30 to 60 per cent, and, furthermore, to restore for 10 years the preference on sugar to the level at which it stood before the reduced duty last year.

These preferences would operate from July 1. They would cost £1, 470,000 this. year or £1,720,000 a full year,

Text read from the printed page and cleaned; old type leaves the occasional error.

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