§ Commander BELLAIRS
asked the President of the Board of Trade what are the percentages of the ad valorem premiums on exports from Germany on wheat, oats, barley, rye and pigs; and what steps have been taken on the League of Nations to secure the abolition of export premiums?56W
§ Mr. GILLETT
I presume that the hon. and gallant Member refers to the German import bond system for agricultural products. These bonds are no longer payable in respect of wheat, oats, barley and rye. The value of the import bond in respect of pigs, which is a specific amount and not anad valorem percentage, is 27 marks per 100 kilograms. As regards the second part of the question, Article 2 (5) of the Protocol regarding future negotiations, which was drawn up at the Conference at Geneva last March, provided that the Economic Organisation of the League should examine the question of export bounties and subsidies, with a view to finding suitable solutions for this problem. It is understood that this examination is in progress.