London, Nov, 13.
In the House of Commons to-day Commander the Hon. J. M. Kenworthy (Labour: Hull, Central div.) drew attention to the' fact that the Consolidated Petroleum Ca. was cquiring the distribution organization of the Anglo-Persian Oil Ca. in South and East Africa, Exypt, the Sudan, Palestine, Syrin, the Red Sea and Ceylon, and asked what instructions had been given by the British Government to the director of the Anglo-Persian Oil Ca., with view to preserving the independence of that organization.
The Chancellor of the Exchequer, Mr, Winston Churchill, replied that the Government was fally satisfied that the formation of the Consolidated Petroleum Ca. did not interfere with the independence of the Anglo-Persian Oil Go. He did not think that the arrangement between two independent bodies for purposes of mutual benefit. any way affected the essential independence of either.
Replying to Mr. Shinwell (La-hour), who asked whether, in view of its association with the" Royal Dutch interests, the Anglo-Persian Oil Ca,, could be regarded primarily as British, Mr, Churchill said remained in every eet.v British and he hoped it would prosper—Reuter.
Note: On October 17, it was announced that the Anglo-Persian Oil Ca., and the Asiatic Petroleum Ca,, had formed a new company, the Consolidated Petroleum Ca., Ltd, which would acquire the installs tions and distributing facilities belonging to the founding companies in South and East Africa, Egypt, the Sudan, Palestine, Syria, the Red Sea and Ceylon, 'The new company would operate distribution on the Joint account of the founding companies, which would have equal Shares' and equal representation on the Board of the new coneern.—
Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.