§ 60. Mr. Louis Smith
asked the Chancellor of the Exchequer whether his attention has been called to the announcement that German manufacturers are granted a subsidy up to 35 per cent. on export goods; and whether this fact is taken into consideration in assessing any duty which 2257 may be imposed in this country on imports of German manufacture?
§ Mr. Chamberlain
The available information regarding export subsidies granted to German manufacturers is contained in the report issued by the Department of Overseas Trade entitled "Economic Conditions in Germany." The value for the purpose of the charge of duty ad valorem is the price the goods would fetch on importation into this country under the conditions specified in Section 10 of the Finance Act, 1935, and there is, of course, no discrimination against goods imported from Germany.