§ 74. Mr. Moelwyn Hughesasked the Chancellor of the Exchequer what steps he proposes to take in the near future to facilitate the manufacture and sale in this country of motor vehicles suitable to secure a large and expanding market for them abroad.
§ Sir J. AndersonI assume that the hon. and learned Member has the taxation of motor vehicles in mind. If so, I would refer him to the remarks in my Budget speech on this subject to which I am not at the present moment in a position to add anything.
§ Mr. Moelwyn HughesIs my right hon. Friend satisfied that the right method of encouraging export trade is to have a system of taxation which induces the manufacture of motor vehicles that are not saleable in the world market?
§ Sir J. AndersonIt is because I am very anxious to be satisfied as to what is the right system of taxation that I have not been in a hurry to make a pronouncement.