History for ready reference, Volume 6 : $b Recent history - 1894-5 to 1901 A-ZLarned, J. N. (Josephus Nelson)
History
History for ready reference, Volume 6 : $b Recent history - 1894-5 to 1901 A-Z
Larned, J. N. (Josephus Nelson)
History -- Dictionaries
"The new tariff was a departure from the tariffs of the
Conservative regime in only one important direction.
Protective duties heretofore had been levied on imports from
England, in the same way as on imports from the United States
or any other country. The 'National Policy' had allowed of no
preferences for England; and during the long period of
Conservative rule, when the Conservatives were supported by
the Canadian manufacturers in much the same way as the
Republican party in the United States is supported by the
manufacturing interests, the Canadian manufacturers had been
as insistent for adequate protection against English-made
goods, as against manufactured articles from the United States
or Germany. The Conservative party had continuously claimed a
monopoly of loyalty to England; but in its tariffs had never
dared to make any concession in favour of English goods. In
the new tariff, preferences for England were established; and
with these openings in favour of imports from Great Britain,
there came a specific warning from the Minister of Finance
that Canadian manufacturers must not regard themselves as
possessing a vested interest in the continuance of the
protective system. …
"When the Minister of Finance laid the tariff before the House
of Commons, he declared that the 'National Policy,' as it had
been tried for eighteen years, was a failure; and … claimed
that lowering the tariff wall against England was a step in
the direction of a tariff 'based not upon the protective
system but upon the requirements of the public service.'
During the first fifteen months of the new tariff, the
concession to England consists of a reduction by one-eighth of
the duties chargeable under the general list. At the end of
that time, that is on the last of July, 1898, the reduction
will be one-fourth. The reductions do not apply to wines, malt
liquors, spirits and tobacco, the taxes on which are
essentially for revenue. While England was admitted at once to
the advantages of the reduced tariff, this tariff is not to be
applicable to England alone. In July, it was extended to the
products of New South Wales, the free-trade colony of the
British Australasian group; and any country can come within
its provisions whose government can satisfy the Comptroller of
Customs at Ottawa, that it is offering favourable treatment to
Canadian exports, and is affording them as easy an entrance
through its customs houses as the Canadians give by means of
the reciprocal tariff. It is also possible, under a later
amendment to the Tariff Act, for the Governor in Council to
extend the benefits of the reciprocal tariff to any country
entitled thereto by virtue of a treaty with Great Britain.
{62}
Numerous alterations were made in the general list of import
duties. Some of these involved higher rates; others lowered
the duties.
Public-domain text, read in full here on John Shaqi.
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