Page:The New Protectionism.djvu/64

This page has been proofread, but needs to be validated.
40
THE NEW PROTECTIONISM

Dominions will be lost. Whether this loss is or is not compensated by the higher taxation put on foreign imports, it discriminates in favour of British home producers against the Dominions. Again, if a genuinely reciprocal tariff arrangement is to "bind" the Empire, Canada must let in Bradford and Birmingham goods on genuinely "preferential" terms. Will her manufacturers consent to this? The high nominal preference originally given was soon withdrawn wherever competition with Canadian manufactures was involved. The dependence of Canada upon manufactured imports from the United States has been continually growing, and the average rates of duties on American goods are lower than on British. Will the great Free Trade movement in Western Canada acquiesce in new tariff arrangements which raise the price of agricultural machinery from the United States?

It has frequently been pointed out how exceedingly unequal must be the value to the different Dominions of any preferences

This article is issued from Wikisource. The text is available under Creative Commons Attribution-Share Alike 4.0 unless otherwise noted. Additional terms may apply for the media files.