HC Deb 15 November 1938 vol 341 cc706-7W
Mr. De la Bère

asked the President of the Board of Trade whether the Government will consider inserting in every trade treaty a clause authorising the raising or lowering of the tariff wall in proportion to the changes in the other party's currency?

Mr. Stanley

Such a system would be administratively impracticable. It would in any case have the undesirable effect of introducing great uncertainty in trade. I would, however, remind my hon. Friend that most commercial agreements are terminable at short notice.