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British Dyestuffs, Limited

Volume 163: debated on Tuesday 8 May 1923

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10.

asked the President of the Board of Trade who are the present directors of the British Dyestuffs, Limited; what are the total sums paid per year in directors' fees; whether any of these gentlemen reside in the neighbourhood of the works, either at Huddersfield or Manchester; and how many of them had previous experience of the dye-making trade?

The only directors appointed by His Majesty's Government are Lord Ashfield and Sir Henry

Full Rates of Duty.Preferential Bates of Duty.
Percwt.Percwt.
Glucose—s.d.s.d.
Solid1635/6ths of full rate.
Liquid118
Molasses, Invert Sugar and Extracts from Sngar—Containing 70 per cent. or more of sweetening matter.163
Less than 70 per cent. and more than 50 per cent.118
Not more than 50 per cent.5

Birchenough. Their remuneration is £1,000 per annum. The other directors, appointed by the shareholders, are Sir William Alexander, Mr. G. V. Clay, Sir William Robertson, and Mr. G. P. Norton. I am not in a position to answer the last part of the question.

Will the noble Lord satisfy the ambition of the hon. and gallant Member for Central Hull (Lieut.- Commander Kenworthy) by appointing him to the board of this company?

I want to put a serious supplementary question: has the Government guaranteed this money? Have we no share in the appointment of the other directors?

No, Sir. The Government, I understand, has the right to appoint two directors, the other directors are appointed by the shareholders.