It was announced in Tuesday's papers that the negotiations
between Canada and the United States on the question of the tariff bad reached a satisfactory termination. Notes have been interchanged between Mr. Knox and Mr. Fielding, from which it appears that the Canadian tariff will be reduced upon thirteen groups of commodities—including cottonseed- oil, dried fruits, nuts, photographs, engravings, watch actions, soap, window-glass, and feathers—while Canada will get the benefit of the minimum American tariff. Canada will create no additional tariff complications for herself, nor will she make any changes which will discriminate against the Mother-country. The settlement, though its importance to Canada can be exaggerated, is very satisfactory, and, curiously enough, is a subject for congratulation alike to Free-traders and Tariff Reformers. The result is a removal of restrictions on trade, even if the mutual threats by which the Agreement was obtained were threats of enhanced Protection.
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