British Commonwealth Union
Encyclopedia
The British Commonwealth Union (BCU) was a protectionist
organisation formed in the United Kingdom
in 1916 to "found a solid business
group in parliament
" and to "press for the protective tariffs and restrictions on import
s discussed at the Paris Economic Conference of 1916 and in the Balfour of Burleigh Committee on post-World War I
commercial policy." Patrick Hannon
was a key figure.
Protectionism
Protectionism is the economic policy of restraining trade between states through methods such as tariffs on imported goods, restrictive quotas, and a variety of other government regulations designed to allow "fair competition" between imports and goods and services produced domestically.This...
organisation formed in the United Kingdom
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
in 1916 to "found a solid business
Business
A business is an organization engaged in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit...
group in parliament
Parliament of the United Kingdom
The Parliament of the United Kingdom of Great Britain and Northern Ireland is the supreme legislative body in the United Kingdom, British Crown dependencies and British overseas territories, located in London...
" and to "press for the protective tariffs and restrictions on import
Import
The term import is derived from the conceptual meaning as to bring in the goods and services into the port of a country. The buyer of such goods and services is referred to an "importer" who is based in the country of import whereas the overseas based seller is referred to as an "exporter". Thus...
s discussed at the Paris Economic Conference of 1916 and in the Balfour of Burleigh Committee on post-World War I
World War I
World War I , which was predominantly called the World War or the Great War from its occurrence until 1939, and the First World War or World War I thereafter, was a major war centred in Europe that began on 28 July 1914 and lasted until 11 November 1918...
commercial policy." Patrick Hannon
Patrick Hannon
Sir Patrick Joseph Henry Hannon FRGS FRSA was an Anglo-Irish Conservative Party politician, industrialist and agriculturalist. He served as Member of Parliament for Birmingham Moseley from 1921 to 1950 and was active in the British Commonwealth Union.-Education in agriculture:Hannon was the...
was a key figure.