Lieut.-Commander HILTON YOUNGasked the President of the Board of Trade whether any statistics are available, and for what period, of goods imported into the United Kingdom at an import price less than their foreign value as defined in the Imports and Exports Regulation Bill?
§ Sir A. GEDDESOne of the chief difficulties in cleating with the important problem of dumping is that we have at present no machinery for discovering either the cost of production or foreign value of imported goods and therefore cannot have any statistics of the nature specified by the hon. and gallant Member. If he will look at Part II. of the Bill to which he refers, he will see how complicated the necessary machinery is. It is for that reason that in the Bill power is only asked to set that machinery in motion when there is good ground for supposing that dumping is in progress or in contemplation, and then only in respect of the article or articles which it is believed are being dumped.