Part of Orders of the Day — Finance Bill. – in the House of Commons at on 4 June 1934.
I do not say it is a coincidence that at this moment there should be a case for the Government giving further subsidies to shipping. Although there has been a tremendous world cause for the present condition of shipbuilding and the shipping industry, our own Government have very materially contributed to that position by having cut down the external trade of this country, not only by their tariff measures, but also by their sugar-beet industry proposals.