§ 24. Mr. A. Henderson
asked the President of the Board of Trade whether he can assure the House that His Majesty's Government will not approve of the establishment of any international cartels, which include representatives of British industries, if such cartels involve any reduction in British trade with South- Eastern Europe?
§ Mr. Stanley
The conditions governing international cartels differ widely in different industries, and I think it would be unwise to attempt to apply the same formula to all of them; but I will certainly bear in mind the point which the hon. Member raises in considering any such cartel for which my approval may be sought.