HC Deb 20 February 1934 vol 286 cc171-2
52. Mr. LEWIS

asked the Chancellor of the Exchequer if he will set up a committee to consider means for mitigating the hardship caused by the sudden imposition of new duties or the sudden alteration of the rate or method of assessment of existing duties in the case of bona fide forward contracts for the importation of goods?

Mr. CHAMBERLAIN

I have carefully considered my hon. Friend's suggestion, but in view of the considerations which I mentioned when the same question was raised in the Debate on the Ottawa Agreements Bill, I have come to the conclusion that it would not have any useful results.

Mr. LEWIS

Has the right hon. Gentleman taken into consideration the fact that under the existing law whatever the restrictive effect on trade a duty may have, a far greater restriction is caused by uncertainty as to the future.

Mr. CHAMBERLAIN

I do not see any possibility of any system under which there can be complete certainty as to the future.