Page:The New Protectionism.djvu/61

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THE TANGLES OF A TARIFF
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tariff prepared by the Committee of the London Chamber of Commerce would discriminate in the tariff treatment between "Friendly Neutrals (giving the United Kingdom most-favoured treatment)" and "Other Neutral Countries (those giving preference to other foreign countries)." Nor is there any reason why the discrimination should stop here. Some neutral trade is more important for us than other neutral trade, irrespective of the favourable or unfavourable attitude such neutral Governments may adopt. Here is another basis of discrimination.

But if we apply these distinctions to neutrals, why not also to enemy countries? Not only do we desire more earnestly to damage the trade of Germany than that of Hungary, Bulgaria, or Turkey, but some of the imports of foods and materials from these countries are more valuable to us (accepting the Protectionist scale of values) than the manufactured goods that come

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