EXPORT GUARANTEES
HOUSE OF COMMONS BILL LABOUR PARTY'S ATTITUDE (British Official Wireless) RUGBY, Dec. 12. (Received Dec. 13, at 6.30 p.m.) The second reading of the Export Guarantees Bill, which will be moved on Thursday, will probably provide the most important House of Commons debate of the week. The section of the new Bill which provides that the Board of Trade be permitted to guarantee up to a limit of £ 10,000,000 at any one time for export transactions which might not be insurable on the ordinary commercial basis adopted by the export credits guarantee department, but which are deemed to be expedient in the national interests continues to attract attention. The proposal is regarded as an important first move towards assisting British exporters to meet the competition of totalitarian countries in overseas markets. The newspapers state that the proposal is accepted in principle by the Labour Party, which, however, will press for assurances that the scheme shall be kept under specially strict supervision.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ODT19381214.2.97
Bibliographic details
Otago Daily Times, Issue 23682, 14 December 1938, Page 13
Word Count
163EXPORT GUARANTEES Otago Daily Times, Issue 23682, 14 December 1938, Page 13
Using This Item
Allied Press Ltd is the copyright owner for the Otago Daily Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in