Show ENGLISH COAL E El TRADE THREATENED I EI New Nev Budget May Drive it to United States C Cardiff Exporters Scent Ruin Price 1 of Sugar Advanced aI London April Apri 19 as n a whole the tho comments of time the country on Oi th time proposals of It the chancellor of tho the ex ox exchequer lX chequer In the budget budet statement pre presented presented yesterday esterday e cannot be regarded as al favorable In coal centers the time export eXI ort duty tut Is 19 re regarded reo regarded as confirming the Idea Ille In ise II some radical quarters that the government Is tiding for tor a n fall tul but the time well In Informed formed consider It that time the chancellor of ot the exchequer will wi be In iii Induced II to exempt from fro roam II the new duty ditty all al contracts made prior to today thus re to relieving lieving the time pressure on the tho middlemen who vimo intro have bought or sold lold coal conifer for future delivery elvery This Thil It I Is believed will I go far farto farto to 10 reconcile the tha ll coal cool trade to time the new lIew Imposition Meanwhile how however hower over ever er the opposition of the coal COi owners Is 18 augmenting hourly houri The Thee chambers of ot commerce In the coal districts are pro protesting protesting testing In mm II vigorous terms termite The rhe Cardiff scent ruin and being captured by American tend and Ocr Get German Getman man coal Time Tho manufacturers on the theother theother theother other hand flatter themselves that the effect of the tue tle tax lax will wil be to 10 lower prices and lessen competition in Iron rind steel TIme The export coal business at nt Cardiff docks docka was 11 m nt n a I standstill today icier Mer er chants refused to ship and take the lice re to reo of or tho the new flew tax while the colliery owners repudiate any liability The lime Scotch of or coal are of ot the opinion Of that the time United States Ir are bound to capture the tile West Vest Indians Indian coal market The ship owners of ot Glasgow antici sate pate that n a portion of or the tho duty will come out of ot their pockets 11 The grocers advanced sugar lugar a I halt half penny Jenny per ier POI pound this tithe morning In Lon don dOl British refined sugars were very ver er strong anti and Jumped 28 to 2 21 Gd 61 a hun bun dred Ird weight The Scotch manufacturing eCh loners Ind and nd preserve makers advanced nd 0 WI Is b Cd and amid 28 Cd 01 Go per por hu 1 ncI I hip wight respectively The Thee Scotch TO abolished if heave have laye discounts put u un on Is s to 41 Its amed aul leave have There was vas practically no business to touL y t I tl clay uL on th the grain Iraln or Jt sugar wr aim owing to o the extensive buying to II the tho budget announcements t I The Hie president of or the helmets lell lion 1011 I the tim opinion that the tho tax In w tt ivill I wil work vork out beneficially A steamer stealer ham with n a caw cargo o of ot continental sugar or ar r rivet at a Greenock last evening after afler the 01 I custom house hOls was closed anti and wo tics tha wal ru fU permission lon to unload Tho Time duty duly tic hi on a her amounts to 10 elro 2000 Time Tha claim that the duty on sugar VM hal lead not been ben imposed Posed when the lice alto ato arrived and therefore they the time will wi contest pok of ot the payment duty dul The rho budget had hal little general effect on ens time the stock stork exchange here today apart I i fl from fm weakening consuls the rice for tor r I them being the lowest tl ISM 1592 There cl Is ii reason to believe belee that the best LeHt titian J lg vial circles circle approve of borrowing on an n r at t to o lm II There Ther Is Ia some Iome expectation of or the new ot of 11 it loan loose coming coining tomorrow The market alk talk suggests that the this Issue price wilt will be ho 14 41 and already dealings have hare wil oc I Ill curet at H A to i premium t f Ml The comments comment of the afternoon paper g at hero here follow the tho lead head of ot the time morning ode se papers apel generally In anticipating that I 1 nel nd this the more mere acute Irritation will souse soon SOO puma off or wi pS The Irish newspapers new condemn the thC In hn s cl ci come Caine tax lax feature fen lure of ot the budget bullet and dd J j they think the lice sugar linger duty duly will 11 press re abos abol especially hard on Ireland owing owinG to the lice general poverty of ot the people The Thee a 11 Dublin Independent remarks At The Tho ho imperial tax gatherer will there rim by be enabled to draw out of ot Ireland Irland un sin Ick additional halt half hal million for tor thee the South n Pc FI African Arlean war which as 1 a nation wo we The have emphatically condemned Tho Tue chancellor chancelor of ot tho the exchequer Sir sec Michael lucks Hicks hooch Beach In the house hous of ot commons today confirmed the report that he was considering exempting INI I from duty duly all 11 coal contracts made prior to April Ia 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