§ 49. Mr. GIBSONasked the President of the Board of Trade if he has considered the examples submitted to him of the effect of the subsidisation of industry in respect of German exports to this country and the effect upon our export trade to foreign countries; and what steps, if any, he proposes to take in the matter?
§ Lieut.-Colonel COLVILLEAs was stated in reply to the hon. and learned Member for Argyll (Mr. Macquisten) on 3rd May, there is at present no reason to think that the home market cannot be adequately protected under existing powers. As regards competition in third markets, my hon. Friend will appreciate the difficulty of taking effective steps.
§ Mr. GIBSONIs my hon. and gallant Friend aware of the fact that very large orders for schemes and goods have been obtained by Germany as a result of the subsidy?
§ Lieut.-Colonel COLVILLECertain information has been sent to the Board of Trade in that connection and is being examined, but in general the export trade of this country has made more rapid progress than the export trade of the country in question.