Lima, Mar, 6.
Lima was thrown into a state great excitement to-day by an attempt made to assassinate Senor Sanchez Cerro, the President of Pera.
Senor Sanchen Cerro had narrow escape. As he was on his COMMITTEE ON TARIFFS, Sir George May, Bart, has been appointed Chairman of the Committee to advise the Government in the application of the tariffs under the new Import Duties Bill which comes into operate iis salary will be £5,000 a year.
Sir Sydney 'Chapman and sir George Allan Powell, his colleagues Jon the committee, will receive a. salary of £3,000 a year each, Sir George May, who was Chairman' of the Government. Beonomy. Committee last year, and the prin. cipal author of what has become Known as "The May Report" on Government expenditure, isa mem= ber of the Council of, the Institute of Actuaries and was formerly Secretary of the Prudential Assur; ance Ca. During the latter part of the war, he was Manager of the American Dollar Securities Committee, Sir' George May staried his career 24 years ago as an office boy [with the Prudential Insurance Ca, learning eight shillings a week, rose in the service of this company fand at the outbreak of the War was its chiot secretary:
Sir Sydney Chapman has been Economic Adviser to the winment since 1927, George Allan" Powell ix rman of the Food Council and Chief Officer of Public Assistanca of the London County Council, 'An announcement "issued. to-day regarding the Import Duties Act states that if goods are to be entitled-to exemption from duty on the ground that they are' Empf }goods, at least 25 per cent, of thole value' must be derived from materials grown or produced, or from work done within a part of the Empire, The President of the Board of Trade, Mr, Walter Runciman, relying to a question in the House Jor Commons to-day, gave a list of seeds still subject to the French 15 per cent, surtax, but said that 60 per cent. of the British trade with France was now free from this imost.
He said they had made it clear that their objection to the surtax }was one of principle and the question of its definite removal was one which would have to be included in Jany future negotiations with the Mr. Walter Runciman, President of the Board of Trade, addressed the Foreign Press Asvociation today on the subject of British tariffs,
fon the "one thing which will give Hig aid tha in his personal opin.
nove forward towards the world prosperity will be thes eeeation of thovegigantie me ternational payments which. threw. trade ow of gear and made one-way, fie out of what used to be and three way' trafic"
He said that these payments hain-pered them "at every" hand and ought about. the fall of prices, which was the curse of a merchant' Tite, Bir, Runciman, in referring ta Britain's new tari' polley, said that it-was remarkably well supported by the National Government, which, was very stable and: gave no Signs Serato bane supports ers of the Government, Mz. Rund:
ere. are two hundred
fan went on, facing the mew tavit problems with the freshest and most Elastic minds ever gathered together Westminster.
He continued: "I have never felp that' we should do_good either: ourselves or anyone else. in the world by adding to trade barriers blindly' and without reason. There Toe'n good reason for now ree iriding the aren of our free mark ets. P hope that it may be the precursor of freer markets not. Only, justifying the abandoning of Britain's free trade era, anid that if was sometimes Recessary, in the interests of good me,' to. inoculate the patient ith a disease somewhat similar to that from which he is suffering.
He said further that the new, tariff barriers may prove to be the only way by which we can guide International trade into profitable channels.
Mr. Runciman concluded by say: ing that the British ° Government Was determined to make arrangements during, the summer and autumn with its Domini would "result in increas volume of reciprocal trade.
Such a plan, however, would not Jude" Britain from making friendly arrangements with foreign countries, hie added—iReut way to attend Mass, a member of the Opposition Party' suddenly drew
practically point blank range, a revolver and fired at him at One of the bullets entered the President's shoulder, but the wound, is not regarded as serious.—Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.