Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-23
EverybOdy's
Business
Great Br;ta;;n's IMPOSITION
of 50 Per Cent Ad
Va1orem Duty on IMPORTS
Not EXPECTED to CRIPPLE
u. S. Trade.
BY DIR. MAX WINKLER.
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, November 23.-The in
PRODUCTION by Great Britain Of so per
cent ad valorem duty on goods imported
into that country is not expected to
have as adverse an effect upon Ameri-
can manufactures as was generally ex-
pected when this duty was first sug-
gested.
To begin with, goods coming within
Great Britain's latest ruling constitute
only very small percentage of Amer
ica's total sales. For the current year
cess of Sl5,000,000. In 1929 they were
valued by the United States Depart
ment of Commerce at $18,600,000, out
of total of $848, 900, 900 exported from
the United States to Great Britain
during the year.
The principal items affected are
typewriters and typewriter parts, paper
manufactures, silk hosiery (on which
there is already high tariff and tools.
A somewhat pessimiStic view is ex-
pressed by Oren P. Gallup of the Ex-
port Managers Club, who holds that
Great Britain's new tariff will have
very serious effect upon American ex-
ports to that country. The difference
in exchange, Mr.. Gallup continues, has
already added 20 per cent, which, with
the results of the anti-dumping bill,
will make prices so high that they will
amount almost to an embargo in some
items.
While this is true, it should be re-
membered that the aggregate amount Is
SO small as to render almost negligible
the effects of the bill as it stands today
upon the economic structure OF the
United States. The great bulk Of United
States exports to Great Britain COM
prises raw materials and foodstuffs
which England needs. 1t is therefore
felt that these large groups will not be
affected by any general tariff action by
Great Britain.
Sees Benefit in Tariff.
When all the countries with which
Great Britain trades have raised their
tariffs, it will be impossible for Great
Britain to remain free trade coun-
try, in the opinion of P. Ashley Cooper,
governor of the Hudson Bay Co.
Although personally opposed to pro-
tective measures, Mr. Cooper feels that
| the emergency tariff adopted by Great
Britain will improve conditions, adding
that the constant raising of tariff walls,
resulting in a breakdown in the free
exchange of commodities, has been one
1 Va L1AC LANoO OdIlL 1dCIOAo COIA-
tributing to unemployment and depres-
sion.
Another factor which tends seriously
to upset the free movement Of goods,
in the opinion Of Mr.. Cooper, Is the
problem of reparations which repre-
Sents one-Sided transaction that was
bound to have most adverse effect
upon world commerce.
Mr. Cooper might have added that
due to the admitted one-sidedness of
the reparations problem, real under
standing between nations is very diff
cult, because there can be no real I'M
/ Outstanding If only che of the parties
| understands.
| There is no doubt that the serious
ness Of the situation Is now being real
lied by all, and that attempts will be
made to bring about a permanent Solu-
ton Of a problem which, for almost
Q decade and q half, has been one Of
the principal impediments to . genuine