HC Deb 03 June 1924 vol 174 cc1039-40
5. Lieut. - Commander KENWORTHY

asked the President of the Board of Trade whether any further progress has been made in the proposed amalgamation between the British Dyestuffs Corporation and certain German concerns; what are the names of the German companies with which it is proposed to amalgamate, combine or to come to a working agreement; and what will be the liability incurred by the British Dyestuffs Corporation?

Mr. WEBB

The members of the Interessen-Gemeinschaft who would be parties to the proposed agreement are the Badische-Anilin and Soda-Fabrik, Friedrich Bayer and Company, the Berlin Aniline Company, Cassella and Company, the Griesheim-Elektron Company, Kalle and Company, Meister Lucius and Brüning and Weiler-ter-Meer. As regards the remainder of the question, I would refer the hon. and gallant Member to the answer which I gave on the 27th May, a copy of which I am sending him.

Lieut. - Commander KENWORTHY

Does that include the last part of the question about the liability of the British Dyestuffs Corporation?

Mr. WEBB

It is not possible, within the limits of question and answer, to give particulars of all the information which has been communicated to the Board of Trade. As regards the suggested agreement, the terms have not been settled and I have not seen a copy. I only know in general outline what the terms now under discussion are. It is impossible to expect exact particulars of future agreements.

Lieut.-Commander KENWORTHY

We ought to be able to discuss this matter before it is settled.