27 FEBRUARY 1932, Page 15

THE TARIFF

[To. the Editor of the SPECTATOR }

Sin,—In your article on the Tariff, in your issue of February 18th, you state : "The increase of exports is the real aim towards which we should strive, and tariffs do nothing to help us to reach it."'

Any manufacturer knows that by whatever amount you inn increase your-turnover with a more assured market at home, you can correspondingly cheapen production to increase your exports abroad. '

As Sir Robert Horne, in his recent speech in support of the Second Reading of the Imports Bill in the House of Commons, has so pertinently put it : " So far from a tariff destroying or doing harm to our export trade, it formed an excellent basis for that trade. It was on the certainty of the home market that one built up the best export trade, and it was by such a method that Germany has been able not only to approach our figures, but to outdistance us in the export market."--I am,

Sir, ike., Roar. GOLIDLE. Tandlchill, 211illiicen Park, Renfrezashire.