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Show AVERT MFF IT SITUATION HOPEFUL AFTER CONFERENCE CON-FERENCE BETWEEN PRESIDENT AND CANADIAN MINISTER. Many Details Remain to be Worked Out, But it is Believed There is Now No Danger of Tariff War Between Canada and U. S. Albany. At the conclusion of a conference, con-ference, which, with two or three" Interims, In-terims, covered practically the entire day, President Taft on Sunday night seemed hopeful that a tariff war with Canada may yet be averted. The negotiations ne-gotiations between the president and W. S. Fielding, the Canadian minister of finance, did not result either in agreement or disagreement. Many details remain to be worked out and at this time it was declared the following official statement sums up the situation: Eleven days remain for "friendly negotiations" before the maximum rates of the Payne-Aldrich law automatically auto-matically go into effect against those countries that are regarded by the president as "unduly discriminatory" against the United States. The law Is arbitrary as to its application, but the president is given judicial powers in reaching a conclusion as to what constitutes "undue" discrimination. Up to this time Canada has been regarded re-garded by the president's staff advisers ad-visers as "unduly" discriminatory and unless concessions are granted by the Dominion government to place the United States on an equal footing with France and thirteen other countries coun-tries that have been given preferential preferen-tial rates under the Canadian tariff, it seems Inevitable that 'Canada will be the one important country in the world against .which the 25 per cent increase in the maximum American rates will be applied. The fact that President Taft summoned sum-moned James McDonald of Toronto to the governor's mansion and thanked him for his part in helping to bring about Sunday's meeting, indicates the outlook is not so dark as it appeared a few days ago. |