HC Deb 05 November 1934 vol 293 c615
8. Mr. T. SMITH

asked the Secretary of State for India whether he is aware that indignation has been aroused in India at the news that Imperial Chemicals, Limited, are negotiating with the government of India for a 50–year monopoly to exploit the chemical resources of the Punjab; and, in view of the fact that India will shortly be given a new constitution, what steps he proposes to take to ensure that in the event of any such contract being entered into the interests of India will be adequately safeguarded?

Sir S. HOARE

I have no information beyond what is contained in the official report of the proceedings of the Legislative Assembly on the 14th August, of which I am sending the hon. Member a copy. The matter is one within the discretion of the authorities in India, who will, I have no doubt, see that the interests of India are properly safeguarded.

Mr. HANNON

Would it not be a very valuable thing for the economic development of India that corporations like the Imperial Chemical Industries, Limited, should take part in it?

Sir S. HOARE

I can quite imagine that such would be the case, but as I say, I have no details as to this matter in my possession.