§ Rear-Admiral ADAIRasked the President of the Board of Trade whether it is the case that the paper trade of the United Kingdom is seriously affected owing to the high prices of raw materials, 58W chemicals, and coal, and to the state of the exchange; whether the greater part of the paper mills are either shut or working very short time consequent on foreign competition; and, if so, will he consider including paper in the Safeguarding of Industries Bill with a view to checking, at any rate, imports of paper from foreign countries and so enabling the British mills to continue in operation?
§ Sir P. LLOYD-GREAMEA large number of paper mills are at present either entirely shut down, or are working short time, owing to the high costs of raw materials, the increasing supplies of paper imported from abroad, and the decline in demand. In so far as foreign competition is from countries with depreciated currencies, it is not intended to exclude from the provisions of Financial Resolution No. II, relating to the Safeguarding of Industries any industries other than food industries.