The Archive · 1929

Possible Diversion of Trade

Canberra, "Apr. 22. a Note to the United States Government on the proposed alters tion of the American tariff on a is unfavourable to Australia, the Commonwealth Goversment refers to the unfavourable trade balance otveven Australia and America, and the possibility of a. div of trade from America to British and ther countries with which the Commonwealth has favourable trade relations, The Note emphasizes that if fur: ther restrictions are imposed >a. Australian trade by increases in the tates tariff, the feeling: against the preponderance of American trade will grow, although Australia desires the maintenance of ly profitable and amicable trade relations between the two countries.

The Note shows that in the finan: cial year 1927/28, imports into Australia from America totalled £34,000,000, while Australian exports to America only amounted to 000,000. Exports of wool to America declined considerably during that period, while Australian imports of American motor ears and their 2¢- cessories have increased in ten years from $6,000,000 to $14,000,000 judiciary committee of the today voted to report favourably to the upper house a resolution introduced by Senator Georze W.

Republican, of MeCook. Neb. proposing an' amendment eliminate "lame-duck" congressmen from the sessions of the Jo member of the cathe the Second Chanber, has node thst he. Intends {0 "question ths Minister o¢ Finance with record to ihe abolition ofthe Ten" Bury Great Britain, He il auk whether the existence of a tea duty Hate Tana' mounting {0.75 Florins por Hamtred logs fo not enletated Tomy the Datch tected tuft the. arkae to" Tandon, ant tthether the Minieter ie" prepared toconrider meanlyer in the mediate fare te preven ich 0 wil he remembered. that smesrage a few days ago tated tha the Absoclatlon of Ten importers Int Atetoniats aa "malig urgent appeal to the Dutch Minister of nance to abolish or very cons vrably to reduce the import duty on tea into Holland ax the Atm sterdam market would be seriously hampered by the present. tariff jit ow of the abolition of the tea duty in Great Britain—Reut

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

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