Concessions granted by the United Kingdom to the U.S.A. covered fewer articles than was the case with traffic in the opposite direction, The comparative trend is shown in the table given below.
Val imports Product 1938 of UK. om U.S.A. -Feb.
1809
Machinery 1,740,803 1,700,181 Metals and manutactures "thereof Electrical goods Footwear Tinned salmon Lard Apples Pears Wheat Except for metals and foodstuffs no striking changes are revealed in the above list but, to make the comparison really valid. account must be taken of the fact that aggregate imports into this country have fallen heavily on the yearly comparison. The abolition of the 10 per cent. duty on lard has evidently acted as a real stimulus, but the effects of the abolition of the 2s. a quarter duty on wheat are masked by the prevailing uncertainty in the international wheat markets. The reductions in the Ottawa duties on apples and pears, on the other hand, have clearly benefited U.S. growers.
Text read from the printed page and cleaned; old type leaves the occasional error.