Comment on Tariff Reform in regard to bread

The Tarriff Reform League (TRL) wanted to see the British Empire transformed into a single trading bloc, to compete with Germany and the United States. It favoured imposing duties on imports - as did Germany and the US - and the channelling of the money raised from these duties into social reforms. High import duties, the League claimed, would make increasing other taxes unnecessary. However opponents claimed that protection would mean dearer food, especially bread. This chap is taking no chances, by getting his loaf and eating it smartish

Bloc Duties Export Fiscal Loaf Prices Reform Reforms Simpleton Taxation Trading

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