In the House of Commons to-day' with a view to "removing the industrial uncertainty regarding the_ procedure in the event of the silk, Sugar, McKenna and safeguarding duties being repealed in the next budget," Mr. Snowden, Chancellor; of the Exchequer, in. a statement, declined to anticipate the budget, but he said that if the silk and sugar duties wore repealed some scheme of rebates would be devised to meet the position of holders of duty-aid stocks.
Regarding the McKenna and safeguarding duties, Mr. Snowden said that drawbacks on' duty-paid exports would continue to be paid.
The Chancellor of the Exchequer] has already stated that the various, safeguarding duties will not be renewed after the period for which, they had been imposed.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.