Safeguarding of Industries Act 1921
Appearance
Act of Parliament | |
![]() 11 & 12 Geo. 5. c. 47 | |
Dates | |
---|---|
Royal assent | 19 August 1921 |
The Safeguarding of Industries Act 1921 (
Act passed by the British Parliament which safeguarded
certain key industries.
Part I of the Act put a five-year duty of 33.3% ad valorem on nine categories of items (including optical glass, laboratory porcelain, hosiery latch needles, metallic tungsten, synthetic chemicals) that were perceived as being essential to British success in the
House of Commons 142 voted for its third reading, which was passed by 178 votes to 56.[1]
Notes
- ^ F. W. Hirst, From Adam Smith to Philip Snowden. A History of Free Trade in Great Britain (London: T. Fisher Unwin, 1925), pp. 69-70.
Further reading
- F. W. Hirst, Safeguarding and Protection in Great Britain and the United States (London, 1927).