HC Deb 16 July 1929 vol 230 c251W
Mr. LOUIS SMITH

asked the Minister of Transport, whether, in connection with the sale of British electrical concerns to Americans, any stipulation is made as to the source of supply of electrical machinery; and, if not, whether, to avoid damage to the home market and more unemployment, he will consider the introduction of legislation to prevent such a result, especially in view of the fact that these concerns are in. large part established by British Government credit?

Mr. HERBERT MORRISON

As the hon. Member is aware, I have no power to impose on any electricity supply company, whether its shares are held by British or American interests, any such stipulation as he refers to in the first part of his question. The second part of his question raises a wide subject which cannot obviously be considered solely in relation to electricity undertakings.