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the merits of our product.
That is a very valuable asset which
it is our determination to continue to earn.
Whether we are ever accorded fiscal preference,
alongside all other British brewed beers, depends on the future
policy of the Colony. We are a free port, according, for the
most part, equality of opportunity to all nations. Our ideal
position and our harbour facilities have in the past fully
justified our policy of remaining a free port, but now that our free port is surrounded by the barrier reefs of high tariffs and
our great entrepot trade is dwindling, it is at least question-
able whether it is a policy we should rigidly adhere to.
We have excellent facilities for industrial
entreprise, but the difficulties of developing in this direction
are great. The greatest of them is the refusal on the part of
many of the Dominions to treat us as part of the British Empire.
They are ready enough to do so when they want us to buy their
goods, but not so ready when it comes to buying the products of
our factories. Indeed, many of them place us on the same fiscal
footing as Japan. This matter 18, without doubt, receiving the
consideration of the commercial community. There may be good
reasons why we must accept the position, one-sided as it seems,
and remain a free port, but in my opinion we should not turn
down the possibilities of reciprocity, as part of the Empire,
without investigating what can be done in that direction and
weighing up most carefully its advantages and disadvantages. ".....
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