§ 18. Sir H. CROFT (for Mrs. PHILIPSON)asked the President of the Board of Trade how the average declared value per square yard of imported silk piece goods in 1926 compared with the average declared value in 1925?
§ Sir P. CUNLIFFE-LISTERThe average declared value (c.i.f. British port) of piece goods, wholly of silk, imported into Great Britain and Northern Ireland 1026 in 1925, was 3s. 6d. per square yard, and in 1926 3s. 5d.; and of silk mixed with other materials, if known as "silks,"3s. 6d. in 1925, and 3s. 4d. in 1926.
§ Sir H. CROFTDo I understand from that answer that the imports of these silk piece-goods actually decreased in value in spite of the duty and that, therefore, the duty was paid by the foreign importer?
§ Sir P. CUNLIFFE-LISTERThe cost since the duty was lower than before the duty was put on.