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Newspaper
Pendleton Eagle Valley News
Location
Pendleton, Oregon, United States of America
Date
Jun 13, 1902
Page
4
A June 13 1902 Oregon column riffs on beef prices trust power and inflation era politics. It criticizes beef trusts and excessive capitalization while lampooning Wall Street speculation and imperialism discussants. It notes Whitelaw Reid risks at inaugurations and political maneuvers by Tom L. Johnson and Beveridge, with calls to support producers and curb financial manipulation.
Lord Rosebery argues the grains tax is a prelude to imperial fiscal union but would surrender fiscal control to colonies. He likens it to Senator Hoar's view on reciprocity, yet contrasts with Britain’s imperial tariff that keeps control with imperial statesmen. Liberals debate whether the tax mainly raises revenue or unfairly wounds colonies, as Asquith notes Canadian protests over home price favoritism. Meanwhile colonial leaders expect a preferential rate despite objections.
In Wellington, Prime Minister Seddon urged that a preferential tariff take top priority in upcoming colonial premiers talks with British ministers. Laurier hinted Canada might offer concessions, while Australia favored the idea, a move seen as shaping home market advantage. Liberals view it as political leverage amid imperial debates.
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