SAFEGUARDING OF INDUSTRIES

Press, Volume LVII, Issue 17224, 15 August 1921, Page 8

SAFEGUARDING OF INDUSTRIES

— p THE BRITISH BILL , ' (By CaTjlo—P«sa AMOciatltra—Copyrlgit.) (Australian and N.u. Cable Association) / LONDON, August 12. On the motion for the third reading, Mr Asquith moved the rejection of the j Safeguarding of Industries Bill. „vHe said he found himself in a difficulty as to whether the measure was a serious fiscal, proposal or a political freak Bill, which was, perhaps not intentionally* directed against their enemies, but more against France than any other power. Mr Austin Chamberlain twitted Mr Asquith with accepting i the Paris Economic Conference resolutions, drafted by- Mr Walter Eunciman in 1915, as a bit of bluff against Germany. Mr Asquith, in effect, now said that he had hoodwinked his colleagues over the ro« solutions. Mr Stanley Baldwin said the fact that the British Parliament passed such a Bill should be a warning to foreign countries that Britain was not going to juggle with their. currencies to the disadvantage of British trade. The Bill was read a third time by 176 votes to 54. The Speaker ruled that the Safeguarding of Industries Bill was a money Bill, thus precluding the Bfouse of Lords from amending or rejecting it.