New Clause. — (Relief from duty on heavy hydrocarbon oils to be extended to vessels on canals and inland waterways.)

Part of Orders of the Day — Finance Bill. – in the House of Commons am ar 1 Gorffennaf 1935.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Sir Patrick Hannon Sir Patrick Hannon , Birmingham Moseley

I cannot allow the new Clause to be dealt with by the Chancellor of the Exchequer without saying a word in its support. I recognise the difficulty of the Treasury in making arrangements for a readjustment of the duty, but nobody knows better than the Chancellor of the Exchequer the difficulties with which canal transport in this country is confronted, and he realises the extent to which the State itself is now interested in canal transport. There is a very great scheme of improvement now in progress on the Grand Union Canal to which the State has given a substantial financial guarantee. I have the privilege of travelling over the canal each year in a tour of inspection of the works which are being carried out, and during the last five or six years there has been a complete transformation in the developments which have taken place. I hope that my right hon. Friend, therefore, in the interests of the State itself and industry generally, will consider whether he cannot do something to promote the improvement of canal transport, perhaps in more generous measure than has been the case up to the present. The carrying capacity of the Grand Union Canal will be increased by more than 50 per cent. in the course of the next year or two, and it is a great pity that such a concession as is contemplated by the new Clause is not available for the benefit of this rapid development. While it is not a matter for the Treasury itself, I think there should be some arrangement to provide for a distribution of the traffic of the country between the three systems which are now in operation. Of course it would help considerably if some concession on this line were accepted by the Chancellor. I know my right hon. Friend's difficulties and his sympathies in this matter, and I feel that the House must leave it to him to take such action as he sees fit.