AMERICAN VISCOSE CORPORATION.

HC Deb 31 July 1941 vol 373 cc1565-6W

Sir J. Mellor

asked the Chancellor of the Exchequer what form of arbitration he proposes to offer Courtaulds, Limited, failing agreement, as to the price to be paid for the American Viscose Corporation shares?

Sir K. Wood

The arbitration will, if necessary, be entrusted to a suitable tribunal, the composition of which would be agreed between the Treasury and Messrs. Courtaulds.