The Great Round World and What Is Going On In It, Vol. 1, No. 42, August 26, 1897 eBook

This eBook from the Gutenberg Project consists of approximately 28 pages of information about The Great Round World and What Is Going On In It, Vol. 1, No. 42, August 26, 1897.

The Great Round World and What Is Going On In It, Vol. 1, No. 42, August 26, 1897 eBook

This eBook from the Gutenberg Project consists of approximately 28 pages of information about The Great Round World and What Is Going On In It, Vol. 1, No. 42, August 26, 1897.

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[Illustration:  The great round world and what is going on in it.]

Vol. 1 August 26, 1897.  No. 42

The most important news of the past week is the step which Great Britain has taken in breaking off the commercial treaties with Germany and Belgium, which have been in effect since 1865.

By the terms of these treaties, Great Britain gave her word that no articles manufactured in either of these countries should be charged higher tariff duties in her colonies than similar articles of British manufacture.

For instance, on German and Belgian cloth, exactly the same duty is charged in Canada and Australia and the colonies generally as on the English cloth.  You would have supposed that England, being the mother country, would have been charged a lower tariff than foreign countries, but according to the treaties this was impossible.

By breaking these treaties it has, however, become possible for Great Britain to make arrangements whereby her merchandise can be introduced into her colonies on terms that are very favorable to herself.

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The Great Round World and What Is Going On In It, Vol. 1, No. 42, August 26, 1897 from Project Gutenberg. Public domain.