§ 53. Sir Harmar Nichollsasked the President of the Board of Trade what estimate he 'has made of the possible effect of the proposed export tax concession in Australia upon. British trade with Australia.
§ Mr. ErrollNone, Sir. The Australian Government have not disclosed what the proposals are which they are examining.
§ Sir Harmar NichollsIs it not gratifying that the Australian Government appear to have more hope that such a scheme can be brought into operation than the Chancellor of the Exchequer? Could not my right hon. Friend the President of the Board of Trade suggest to the Treasury that it ought to keep in step with Australia in this matter before turning down out of hand any suggestions for export tax concessions?
§ Mr. ErrollYes. Sir. I think that I should say to my hon. Friend that the Australian Prime Minister, in making a statement on this subject, was careful to point out that any proposals should not conflict with international obligations.