HC Deb 20 October 1932 vol 269 cc317-8
50. Mr. CHORLTON

asked the President of the Board of Trade if he will take steps to ensure that any reciprocal agreement with Scandinavian countries shall be based on a sliding scale in which case purchases from this country shall not be less than 50 per cent. of imports before Preference comes into force?

Mr. RUNCIMAN

The House will not expect me to indicate at this stage the lines on which the negotiations with foreign countries will be conducted, but I do not imagine that the basis suggested will be found to be suitable.