On the other hand, it is perfectly obvious that if there is to be a new movement of trade s the border, to the advantage of both neighbours, Canadian industry will face severe adjustments because part of it is built purely on the assumption that competitive American goods will be kept out of this country by a high tariff. Great decisions thus will face Canada in this field when the war has ended.
Equally large will be the problem of British ade, and this problem would have occurred, war or no war. For years Canada has sold far more to Britain than it bought from it, Britain has always run an unfavourable balance with Cenada and it wag with the sterling accumulated in this trade that Canada bought goods from all over the world, including the United States. Most Canadians realized that such a one-sided bargain with Britain could not go on indefinitely.
After the sacrifices and losses of the war, Britain will hardly be ready to resume such a trade, but will want something more equitable. By that time Canada will have loaned Britain large stums—$1,000,000,000 in the present year, and how much next year no one knows, If this is to be repaid, Canada will have to accept more goods from Britain.
That is why powerful influences are at work and find expression in large Liberal Party newspapers like the Winnipeg "Free Press" and the Vancouver, "Sun," in favour of eliminating present tariff against British goods altogether. If Canada is-going to export enormous quantities of goods to Britain on credit, it is argued, Canada should get back what it can in the form of British exports, and this movement is held up by the existing tariff.
That the tariff against Britain will be dropped during the war period to meet this obvious problem is likely. But it may be the begin ni of a much more important movement after the war—a larger trade between Canada and its fellow member of the Commonwealth. The evident end to which Canada, the United States d Britain are moving is a deal b; which trade between all three will be increas under a new
Text read from the printed page and cleaned; old type leaves the occasional error.