ses London, Oct. 18.
On the basis of the latest trade returns, it is estimated that Britain will, under the new Ottawa Conerence schedules, benefit. by ference on. over £50,000,000 worth of foreign imports into the Domin-fons, "The view of commentators, except Free Tyaders, is that the schedules reveal more substantial concessions and cover a wider range of imports than had been generally anticipated.
The Free Trade. press biterly assails the agreements on the ground that they wil act's serous iment to eventual world agree-rents, On. the other hand, the Conservative newspapers emphasise that. the Ottawa. Conference has lowered, not raised, taris, "An interesting point in the agreement is the scheme to restrict the Importation meat Into Britain in order to raise wholesale "The Times" argues that this is the only way to save United King dom and Dominion growers and that {e will also benet foreign growers in the Argentine and elsewhere Reuter, London, Oct. 12.
ith the publication to-night of 'a summary of the proceedings of the Imperial Conference at Ottawa, the terms of schedules which until now have been kept back, mainly at the nest of the Dominions because of risks of forestalling, are revealed. Tels on the basis of the Agreements and. schedules contained in this Report, that the legislation has been drafted which will be taken up by the louse of Commons immediately /Parliament reassembles next Tues~ day. ation. will. be pressed forward with all speed, not only to prevent forestalling but under the Import Duties Act, provision for the free entry of imports from the Dominions and Colonies [ceases on November 15.
'The Report contains the terms of 'Agreements between the United Kingdom and' various Dominions and India,-and in the opinion of the Government, the Agreements greatly inerense the opportunity. of in
important step towards the restora-imperial trading and) represent tion of world trade, This overriding consideration was expressed in a resolution passed by the Conference which declared that by the lowering or removal of barriers among. themselves provided for in Agreements, the flow of trade between various countries of the Empire would be facilitated, and that by, the consequent increase of purchasing. power of their peoples, trade of the world would also be stimulated and increased, Agreements with all the Domin fons follow the same general form. Imports from Empire countries in the United Kingdom fall into three lasses, namely, those accorded entry {ree of duty subject to revision three years hence; those which are grant-Jed preference through the imposition Of specific duties on foreign goods; and those which receive preference virtue of 10 per oont. ad valorem duty on foreign goods imposed under the Imports Duties Act Tu the first category are included legge, poultry, butter, cheese and other milk products from Canad Australia, New, Zealand, South Africa, Newfoundland and Southern Rhodesia Foreign goods in the second eaten gory respecting which Pa)
ill be asked to impose ties, are set out in schedules ereements, and include Wheat. in grain 2/-d per quarter, batter 18/-4 For quarter, cheese 15° per cent. ad Valorem. The schedules tothe various Agreements set out details of other proposed duties.
In the schedule t0 the Ca Agreement. goods specified inclu apples, pears, canned apples, dried ftuitey eggs and condensed milk Under a corresponding schedule of the. Australian Agreement are included, in_addition to the "above, powdered milk, honey, raw oranges, New Healand A few. Zealand Agreement makes no additions to the preceding list but schedules attached to. the South African, Agreement. includes gurumber of specie duties 10 be imposed on. foreign imports Various other fruits, raw and can hed, and also 10 per cent. ad valorem duty throughout the year on maize.
The only. items specified inthe corresponding. schedule of the Newfoundland Agreement are duty on foreign cod liver all of 1/4d per pound, Gallon on frozen salmon of 14d Der Under the United Kingdom the Indian Agreemant,. which is. sub-Jeet to, Tatifiation in India, pro-Yision "is made for the imposition of duties "on foreign imports, of wheat, vice, castor all, magnesium chloride and Tinseed.
The undertaking is given by the United Kingdom Government not to reduce the existing general - ad
Text read from the printed page and cleaned; old type leaves the occasional error.