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The Nurture of Key Industries

Nature volume 104, pages 349350 (04 December 1919) | Download Citation



THE Bill “to constitute a Trade Regulation Committee, to regulate the importation of goods with a view to prevent dumping, safeguarding key industries and industries affected by the depreciation of a foreign currency,” which Sir Auckland Geddes introduced in the House of Commons on November 19, will no doubt meet with strenuous opposition. It is, of course, anathema to the out-and-out Free Trader, and will be viewed with some doubt and suspicion even by those who, while not hide-bound by fiscal shibboleths, are yet distrustful of the bureaucratic control which the Bill would seem to entail. The terms of the amendment for its rejection on second reading, tabled by Mr. Wallace, one of the Coalition Liberals, are obviously drafted so as to secure the support, not only of the convinced Free Trader, but also, if possible, of those who object to all departmental control of our commercial relations.

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