§ 49. Mr. HANNON (for Mr. LYONS)
asked the Chancellor of the Exchequer 14 if he will now make a statement on the position of the tariff truce?
§ Mr. RUNCIMAN
I have been asked to reply. Since the adjournment of the Monetary and Economic Conference, notices of withdrawal from the truce have been given by the Netherlands, the Irish Free State, Sweden and Switzerland, while reservations have been made by France and Denmark. His Majesty's Government have carefully considered the whole matter, and they have come to the conclusion in all the circumstances that. the truce is no longer of practical value. Notice has accordingly been given of the withdrawal of this country, to take effect as from 7th December.
§ 50. Mr. HANNON (for Mr. LYONS)
asked the Chancellor of the Exchequer the industries which up to date have applied for an increased duty but in respect of which duty has been refused because of the tariff truce?
§ The CHANCELLOR of the EXCHEQUER (Mr. Chamberlain)
My hon. Friend will recollect that, as I stated in reply to a question by the hon. Member for South Croydon (Mr. H. Williams) on the 15th May, the position is that the Import Duties Advisory Committee have been continuing to carry out their statutory obligations, including the receipt and examination of applications for new or altered duties, but the Government announced that during the operation of the truce they would refrain from making Orders for increases of Customs duties in respect of any applications which had not' been received by the Committee before the 12th May. No recommendation has, in fact, been received from the Committee for an increased duty arising out of such an application.