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SUNDAY POST-HERALD

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27th July, 1969.

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The UK decision impose tariffs on Hong- kong 'cotton textile after the start of 1972 brought cries of shock from many The S.C.M. Post papers. said, however, there was no need to "despair as plenty of time was allow- ed for the Colony to act adverse to overcome effects. It called for con-

ensure certed action to

that the Colony's trading position with British was protected against further erosion.

Heng Рад blamed the poor state of the Lan- cashire industry for the move and said the tariff introduction was unwise. Wah Kiu Yat Pao said the blow was serious but the breathing space should be used to offset the worst effects. New Life Evening Post called for self-suf- ficiency by the Hongkong industry to meet the blow. kailed

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