HC Deb 25 July 1933 vol 280 cc2422-3W

asked the Chancellor of the Exchequer whether his attention has been called to the fact that British holders of German investments are unable to obtain direct payment of the proceeds of dividend coupons or interest, and that such moneys are paid to the conversion office for German foreign debts on blocked accounts; and whether he will consider the adoption of retaliatory measures?


I would refer my hon. Friend to the reply given to my hon. Friend the Member for West Fulham (Sir C. Cobb) on 17th July.

Tariff Items. British Preferential Rates of Duty. General Tariff Rates of Duty.
Former. Present. Former. Present.
64(A) Edible fats, n.e.i. and lard per lb 1d. 3d. 2d. 4d.
179 Electrical machines and appliances:
179D (2) (e) (1) Static transformers, n.e.i.:- ad val. ad val. ad val. ad val.
at voltages above 66,000; up to but not including 50 k.v.a. 35% 45% 50% 65%
179D (3) (a) Electric fans of the type ordinarily ad val. ad val. ad val. ad val.
used in offices and the household. Free. 15% 25% 40%
242(B) Sheet glass-plain clear (Prior to the 19th May, 1933, provision existed for the enforcement, with effect from the 1st June, 1933, of deferred duties of 40% ad valorem (British Preferential Rate) and 60% ad valorem (General Rate) in lieu of the duties then being levied of 2s. and 4s. per 100 sq. ft. respectively. As from the 19th May the deferred duties were increased to 45% ad valorem (British Preferential Rate) and 75% ad valorem (General Rate) to come into force on the 1st February, 1934. The duties at present being leviedare still 2s. and 4s. per 100 sq. ft.). (See note in column 1).
331(B) (2) (a) Rubber thread; apparel elastic less than 1 inch in width. ad val. ad val. ad val. ad val.
Free. 35% 15% 55%