London, Aug. 21.
The position of base metal producers with a life not exceeding about 20 years who are unable to economically increase their production in consequence of the 100 per cent. excess profits: tax, was raised during question time in the House of Commons yesterday.
"Provision had been mede to meet such cases," replied Sir Kingsley Wood, Chancellor of the Exchequer. "Such companies could apply for an increase, not exceeding 4 per cent. in rates and dividends allowed under the relevant section of the Finance Bill"—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.