§ 3. Major PROCTER
asked the President of the Board of Trade whether his attention has been drawn to the action of the German Government in putting an export tax on all machinery transferred from German factories for use in factories to be set up in this country; and, in view of the effect of these duties on the possible establishment of new industries in this country, will he make representations to the German Government for the removal or modification of these prohibitory taxes?
§ Mr. RUNCIMAN
I am aware of the high export duty which has been placed on the exportation from Germany of used machinery of certain descriptions. This duty is applicable to German and foreign-owned machinery alike, whatever the country of destination; and, in the absence of any evidence of discrimination, does not afford grounds for representations to the German Government.
§ Major PROCTER
Is the right hon. Gentleman aware that this tax amounts to £400 per ton, and that it is delaying the erection of new factories in North-East Lancashire?
§ Mr. RUNCIMAN
If there are any new facts to be brought to my notice, I shall be happy to look into them.
§ Sir NICHOLAS GRATTAN-DOYLE
Can the right hon. Gentleman say whether these restrictions apply to the textile industry?
§ Colonel WEDGWOOD
Are we to understand that the right hon. Gentleman believes in and desires the expansion of the importation of foreign capital to this country?