Canada: Outrageous . . . Stupid!

For a good many years, Canada's Liberal Government has clucked maternally about the joys of free trade, the selfish shortsightedness of high tariff walls. Last week Canadians discovered that the Government does not always practice what it -preaches. Buried deep in the budget, and bypassed in a 42-word, offhand way by Finance Minister James L. Ilsley in his recent budget speech (not of "major importance," said he), was a new 20% tariff wall—increased from 5%—on seamless-steel boiler tubing.

Everything about the new tariff conflicted with pious Liberal doctrines. Items:

¶It was imposed for...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!