58. Mr. Baxterasked the President of the Board of Trade his estimate of the direct financial loss which would accrue to the Scottish paper-making industry by the removal of the 16⅔ per cent. import duty on paper and boards.
§ Mr. MaudlingI presume that the hon. Member has in mind the reduction of the import duty over ten years under the European Free Trade Association Convention. It is impossible to estimate the financial effect of this.