Safeguarding of Industries Act 1921

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Safeguarding of Industries Act 1921
Act of Parliament
11 & 12 Geo. 5. c. 47
Dates
Royal assent19 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

  1. ^ 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).