§ 13. Mr. STRAUSS
asked 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?
No financial liabilities in respect of the tin pool have been entered into by the British, Malayan or Nigerian Governments.
§ Mr. STRAUSS
Can the right hon. Gentleman say whether the Malayan Government have entered into any liability to finance stock outside the pool?
I 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. STRAUSS
asked 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?
No, Sir; but the chairman of the International Tin Committee, Sir John Campbell, is ex officio chairman of the International Tin Pool Committee.
He 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. STRAUSS
As there is a representative of the Government on the Commission, will the Government share any of the losses or profits made under the pool?
Perhaps the hon. Member will put down a specific question on that point, and I will answer it. I cannot answer a hypothetical question.