HC Deb 05 July 1962 vol 662 c77W
33. Mr. Snow

asked the Secretary to the Treasury whether he is aware of the dissatisfaction felt in the watch importing trade concerning the practice of offering for sale to the highest bidder watches confiscated as a result of attempted smuggling; and what action he is taking in this regard.

Sir E. Boyle

I am aware of the trade representations that seized watches should be destroyed, but there is no sufficient reason for the Exchequer to forgo the money derived from their sale.