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Show ENGLAND PLANNING TO RAISE FUNDS PROPOSES DIVISION OF WORLD INTO TRADE ZONES BETWEEN ALLIES AND NEUTRALS. Would Abandon Free Trade Theory For Protection With Expectation That Net Yearly Revenue Would be $375,000,000. Washington. Divison of the world into economic strata separated by tariff tar-iff walls and classified as allies of the British empire, friendly neutrals, unfriendly un-friendly neutrals and enemy countries is urged by the London chamber of commerce. To clear the ground for this world reconstruction, the chamber concludes in a special report, a copy of which has just been received here, that abrogation of all "most favored nations" treaties, including that with the United States, is inevitable. Free trade would be abandoned and a series of graded tariffs proposed in line with the present war groupings of the nations. All imports would be divided di-vided as follows: Wholly manufactured goods, semimanufactured semi-manufactured goods and articles solely sole-ly used as raw material in industries; manufactured food stuffs and raw food stuffs. All parts of the British empire em-pire and its allies would pay minimum duties; friendly neutrals which allow the United Kingdom most favored treatment would pay twice as much; other neutrals, giving preferences to other powers and including neutrals which might be swung into the Teutonic Teu-tonic commercial system would pay a still greater tax; and all "enemy" countries would pay the maximum duties, running up as high as 30 per cent. Roughly it is estimated in the report re-port that this change from tree trade to protection would net a yearly revenue reve-nue of about $375,000,000. |