§ Mr. MACKINDERasked the Chancellor of the Exchequer the amount of re-exports of lace from this country during the six months between July and December, 1925, and the corresponding six months of 1924; and what arrangements, if any, are made for transhipment and re-export of lace under bond?
§ Mr. CHURCHILLThe aggregate values of the re-exports of lace which were registered during the six months July to December, 1924, and the corresponding period of the year 1925 were as follow:
As explained by the President of the Board of Trade on the 22nd December list in reply to a question by the hon. Member for Wednesbury (Mr. Short), the figures of imports and of re-exports include, for the period prior to the imposition of the duty, goods in transit on through bills of lading. Since the imposition of the duty, such transit goods have been, for the most part, transhipped under bond. It has long been the practice to exclude goods transhipped under Fond from the general figures of imports and re-exports. So far as information is available, it appears that transhipments of lace and lace goods under bond in 1402W recent months account for the major part of the decreases in recorded imports and re-exports of such goods. As regards the second part of the question lace and lace goods imported into this country for transhipment to other countries may under standing Customs Regulations go forward for exportation under bond without payment of duty.
£ 1924 … … … 1,060,267 1925 … … … 94,458