§ 4. Major M'KENZIE WOODasked the President of the Board of Trade the quantity of dyes which have been consigned from Germany to this country, and whether any have yet been received; whether the values to be credited to Germany have yet been fixed; and whether the price to be paid by consumers is to be fixed on the principle laid down in the Export and Import Regulation Bill?
§ Sir A. GEDDESApproximately 200 tons out of a quantity of about 650 tons so far requisitioned are now on the way, but have not yet been received. The Reparation Commission has not been formally established, and consequently no final decision has been taken as to the values to be credited to Germany. The prices to be charged to consumers will be announced shortly.
§ Major M'KENZIE WOODMay I have an answer to the last part of the question?
§ Sir A. GEDDESI have just given it. "The prices to be charged to the consumers will be announced shortly."
§ Major M'KENZIE WOODWill they be treated on the existing rate of exchange, or how?
§ Sir A. GEDDESThese goods, when they come here, are British property. There is no question of exchange value about them.
§ Major M'KENZIE WOODI would like an answer to the last part of my question. I do not want the exact prices, but the principle upon which the prices will be fixed?
§ Sir A. GEDDESWhen the prices are fixed I shall be delighted to explain the principle adopted.