HC Deb 05 July 1920 vol 131 c988
7. Mr. ALFRED T. DAVIES

asked the President of the Board of Trade whether he has definite information to the effect that the Excess Profits Duty is preventing the quotation of prices by British manufacturers and traders to overseas customers and is preventing the stability and progress of British trade?

Sir R. HORNE

The answer is in the negative.

Captain TERRELL

Is it true that the increase in Excess Profits Duty has caused a general slump in trade throughout the whole of the country?

Sir R. HORNE

I have no doubt that is the hon. Member's opinion.