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|FISCAL POLICY. I

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FISCAL POLICY. I CANADIAN VIEWS. Lord Brassey and Sir Wilfrid Laurier were Among the speakers at the banquet given last week- end at Montreal to the delegates to the Congress of Chambers of Commerce. Lord Brassey re- ferred with gratification to the loyal tone and strong Imperial sentiments of every speaker at the congress. As regards the fiscal problem, he deprecated approaching the question in the way of bargain. The question bristled with difficulties, and he could not prejudge the decision that might be arrived at. Sir W. Laurier pointed out the difficulties which the deliberations of the congress had failed to solve. It had been found impracticable to establish a system of Free Trade all over the Empire against the world. The people of the Mother Land loathed to part with a system under which they had been im- mensely prosperous, and the Colonies, so far as he knew them, shared equally the loathing to part with a system under which they also had I prospered. A common Customs tariff for the Empire seemed to be impracticable. Canada was intensely desirous of having a preferential market for her food products in Great Britain, but thought the first step would come better from Great Britain. If, however, they were to expect Great Britain to make concessions fo them, Canadians must also be prepared to make conces- sions to her. He deprecated the idea ef any sur- lender of political independence on the part of the Colonies. INQUIRY AND ALTERATION URGED. I Sir Alfred Jones presided on Monday in Liver- pool over a meeting held under the auspices of the Chamber of Commerce, at which a resolution was carried urging the necessity of an inquiry into the fiscal system of the country. Mr. J. H. Welsford, Unionist candidate for the Crewe Division, delivered an address on "Imperial Commerce from a Practical Point of View," and contended that, commercially and in the interests of the Empire, it would be to England's advantage to make some alteration in her fiscal system.

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