§ Mr. Arthur Lewis
asked the Chancellor of the Exchequer why, in view of the loss of many art treasures being sold to persons overseas by British persons, he declines to initiate a 50 per cent. export duty so far as the future is concerned.
§ Mr. Patrick Jenkin
The present licensing arrangements derive from the report of the Waverley Committee, and 67W I understand that the Paymaster-General and the Secretary of State for Trade and Industry, who have responsibility in this field, are satisfied that they provide a more effective control than would an export duty.