§ 33. Mr. H. WILLIAMSasked the Parliamentary Secretary to the Overseas Trade Department if he will state the total value of the imports during 1924 of those commodities on which new customs duties are imposed in the Finance Bill?
§ Mr. A. M. SAMUEL (Secretary, Overseas Trade Department)The total value of the goods imported during 1924 on which new customs duties are proposed in the Finance Bill, so far as these goods are separately distinguished in the trade accounts for that year, was approximately £45,000,000. It is not possible, however, to state the value of the imports of goods containing silk, artificial silk, lace and embroidery, but not classified under these headings.
Captain BENNHow, then, did the Chancellor of the Exchequer arrive at his estimate of the revenue in these cases?
§ Mr. SAMUELI would suggest that the hon. and gallant Member should put that question to the Chancellor of the Exchequer.