Connecticut western news., 1903-09-17
NEW POLICY FOR BRITAIN
Premier Balfour Favors a Re-
 taliatory Duty.
INDUSTRIES MUST BE PROTECTED
Empire Under Present Conditions Is Placed at a Disadvantage by Other Countries and Must Take Steps Ae. cordinQN.

Placed at a Disadvantage by Other
 Countries and Must Take Steps Ae.
 cordinoN.
 London, Sept. l6 The advance sheets of pamphlet on the subject o1 "Insular Free Trade" just issued by Premier Balfour, presents at length arguments in favor of change ir Great Britain's fiscal policy.
 NIT. Balfour says he approaches the subject from the standpoint of free trader as far as contemporary circum- stances will permit and continues:
 Il am free trader. but not of the pattern which holds that the doctrine of free trade is so universal in its ap- plication and 30 capable of an exact expression that every conclusion to which it logically leads must be ac. cepted without hesitation and without reserve"
 The arguments presented throughout the pamphlet vary little from those al. ready enunciated, but the premier points out that England's policy of re taining a fiscal policy Is made for a free trade country in a world of free traders, not for free trade country fin a world of protectionists. The premier asserts that there is no reason to ex. pect Britain to continue her present policy while Germany, America France, Russia and even Great Brit aims self governing colonies continue to build up a protected interest within their borders.
 MT. Balfour says the mistakes made by the free traders half a century ago have left Great Britain bearing all the burdens and enjoying only half the ad- vantages which should attach to the empire. He deyotes considerable space to the effect of protection upon combi- nations in countries in which pIotec. ton exists. This, the premier points out, is to the disadvantage of the Brit ish manufacturers, who will have to compete with the manufacturer who is able to sell abroad at a lower price than he charges for the same article at home.
 Protection Britain's Great Need.
 He declares that the optimists who advocate . continuance of the free trade policy in place of tho injury worked by protection on Great Brit aims interests are foolish and their ar guments little short of reckless.
 MT. Balfour concludes: Were proved to be wrong my opinion on the Fundamental question would remain unchanged It cannot be right for a country with free trade ideals to enter into competition with protectionist ri- vals, self deprived of the only instru- menr whereby their policy can conceiE- ably be modified. The most essential object of our national efforts should be to get rid of the bonds in which we have gratuitously entangled ourselves The great question of free trade yer sus protection so far as the cabinet is concerned is still undecided. What will be Colonial Secretary Chamberlain attitudef Is the burning question of the moment The most striking feature of MT. Balfour's pamphlet is that from the beginning to the end 1t does not re fer to MT. Chnmberlain's proposals. The whole line of MT. Balfour's reason ing is opposed to tariffs for purely pro tsctionist purposes; hence MT. Cham beriain is faced with the alternative of either abandoning preferential tariffs or prosecuting his campaign unsup- ported by MT. Balfour