HC Deb 09 September 1941 vol 374 c35
64. Sir J. Mellor

asked the Chancellor of the Exchequer the progress of his negotiations with Messrs. Courtaulds, Limited, with regard to the price to be paid for their former holding of American Viscose Corporation shares?

Sir K. Wood

These negotiations are proceeding. I cannot yet say what further length of time they will require.

Sir J. Mellor

In the event of arbitration being necessary, will the Government agree to accept the award without reservations?

Sir K. Wood

I think we had better await events.

Sir J. Mellor

But has not this a bearing on the negotiations themselves?

Sir K. Wood

My hon. Friend has asked me a hypothetical question.