§ 13. Mr. STRAUSSasked the Secretary of State for the Colonies what financial liabilities have been entered into by the British, Malayan and Nigerian Governments in respect of the international tin pool?
Mr. THOMASNo financial liabilities in respect of the tin pool have been entered into by the British, Malayan or Nigerian Governments.
§ Mr. STRAUSSCan the right hon. Gentleman say whether the Malayan Government have entered into any liability to finance stock outside the pool?
Mr. THOMASI have answered the question on the Paper. I presume the hon. Member has in mind the fact that in the last quarter the Malayan Government exceeded their quota. I am taking the necessary steps to see that Malaya adjusts that position. If you enter into an agreement with foreign countries, it is obviously necessary to show that you intend to keep it.
§ 15. Mr. STRAUSSasked the Secretary of State for the Colonies whether the British, Malayan or Nigerian Governments have a representative on the committee of the international tin pool; and, if so, who that representative is?
Mr. THOMASNo, Sir; but the chairman of the International Tin Committee, Sir John Campbell, is ex officio chairman of the International Tin Pool Committee.
§ Mr. STRAUSSDoes he not represent the British or the Malayan Government on the pool?
Mr. THOMASHe is obviously conversant with the views of the British Government and the Malayan Government. The principle was determined after careful consideration by the late Government, and I am endorsing that policy because I think it is right.
§ Mr. STRAUSSAs there is a representative of the Government on the Commission, will the Government share any of the losses or profits made under the pool?
Mr. THOMASPerhaps the hon. Member will put down a specific question on that point, and I will answer it. I cannot answer a hypothetical question.