HC Deb 13 May 1958 vol 588 cc197-8
19. Mr. Short

asked the Chancellor of the Exchequer whether he is prepared to make a substantial financial contribution to the two proposed dry dock projects on the Tyne; and if he will make a statement.

Mr. Amory

I am prepared to consider applications in respect of these projects and they will be considered on their merits. The amount of any contribution must depend on the circumstances.

Mr. Short

While being grateful to the right hon. Gentleman for what he has said, may I ask him to bear in mind that the Tyne is the major ship repairing centre in this country and that there is a certain amount of unemployment now? If the shipping slump continues, that will increase. Therefore, these two projects are extremely important. Finally, will the right hon. Gentleman say whether, in his Budget speech, he had some new arrangement in mind or whether he envisaged assistance under the existing Distribution of Industry Act?

Mr. Amory

This will be assistance under the existing Distribution of Industry Act if it is, as in this case, in a special area. If it is outside one of those areas, it will fall to be considered under the new Bill, which is now before the House.