Australia recently cancelled the discriminatory tari imposed on imor the United States under nment's trade diversion The United Star promptly responded to this gesture by notify-ug Australia that from February 1 she would be removed fiom the American "black-list" of nations deprived of tariff concessions.
The immediate effect of these con-sessions is not likely to be great, out the revival of a spirit of cordial reciprocity augurs well for the Anglo-American and Dominion tariff evision to be negotiated later in the year.
The Cabinet is also considering the terms of a new trade agreement with New Zealand. In return for certain concessions, New Zealand desires to protect some of her own industries from Australian competition. This is admitted to be quite reasonable, snd in its practical application would be acceptable to Australia.
Text read from the printed page and cleaned; old type leaves the occasional error.