London, Oct. 21.
The report of the Import Duties Advisory Committee with regard to tron and tet duties 2a ben ised, accompanied by a Treasury Order for the further continuance for a force, period of two years of daties now in
The Committee state that ssu: continuance is "0 "be last to reparation of a scheme of reorgan™ 5 progress being made in
ation and in putting the approved Scheme into force, The frst report by the National Committee for the iron and. steel indy," appointed "Workout mes of reorganisation and development, draws. attention to. the severity of the effect of the general industrial depression on the iron and steel industeles of the whol and to the intensified, inter competition, Statements by authoritative representatives of great continental organisations of "iron and slee manufactures are elted to the effect that export. sales this year have been at prices far below ihe cost of Production. Before. the. "adoption protective measures' the industry was "suffering "from th
optional degree owing to the reuneconemis competition (0° an ex Tatively higher, standards of wares and labour conditions.
"The "National Committee urge some greater measure of assistance regard to tariff protection for." Timited number of products and the Femoval of uncertainty fs to. the duration of existing daties.
"The Import Duties Advisory Committee, share the National" Com: miltes's views as t0 the dificult which uneconomic foreign—com-Petition "puta in the way" of re-Organisation and as to the desir ability of removing any uncertainty feenring, the cniaance of roe ive policy. 'For the Present no increase in the existing level of protection fs recommended," bat when a satisfactory reorganisation heme is ready and foreign. dump-Tras not ceased, they will proceed to. recommend' such "further protective measures "as. may. be hecessary—Wireleas. through' Ret: tore
Text read from the printed page and cleaned; old type leaves the occasional error.
