Dumping of German Wheat.

Part of the debate – in the House of Commons on 30th October 1929.

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Photo of Mr Benjamin Riley Mr Benjamin Riley , Dewsbury

It is quite true that the subsidy has increased, but the important thing to remember is that in 1925, when the subsidy was only about one-third of what it is now, the import of German wheat was 180,000 tons. as against the 123,012 tons for the year ending July of this year, when the subsidy has been trebled. The point I want to put is that, while the problem is no doubt serious, it is very grossly exaggerated, particularly in relation to its comparison with the total import of wheat from world sources. What does it amount to? Again, I do not want to belittle it, but let us understand its proportion. As a matter of fact, the amount of German wheat which was imported in the year ending July of this year represents only 1.3 per cent. of our total imports from all other countries.