Orders of the Day — Customs (Import Deposits) Bill

Part of the debate – in the House of Commons at 12:00 am on 17th November 1969.

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Photo of Mr Thomas Price Mr Thomas Price , Westhoughton 12:00 am, 17th November 1969

The hon. Gentleman's argument seems logical up to a point, save that he omits the main factor in it. If, during the period about which he is speaking, exports have expanded dramatically, one would expect a slight drag in an upward direction for raw materials imported to sustain that vast expansion in our export trade. The overall figures are entirely destructive of the hon. Gentleman's general argument.