It left the government free either to apply to foreign countries the general tariff or to enter into negotiations with them for the application, under certain conditions, of a minimum tariff.
The trade of France was divided between foreign countries and her colonies in the following proportions (imports and exports combined).
In the other colonies and protectorates more than half the trade is with foreign countries.
The foreign countries trading most largely with the French colonies are, in the order named, British colonies and Great Britain, China and Japan, the United States and Germany.
The import trade is divided between the United Kingdom and possessions and foreign countries as follows: - United Kingdom £23,074,000, British possessions £5,3 8 4, 000, and foreign states L9,889,000, while the destination of the exports is, United Kingdom £26,703,000, British possessions £12,519,000, and foreign countries £17,619,000.