View source for Safeguarding of Industries (Customs Duties) Act 1925

{{Short description|Legislation relating to the historical British economy}}
{{Infobox UK legislation
| short_title           = Safeguarding of Industries (Customs Duties) Act 1925
| type                  = Act
| parliament            = Parliament of the United Kingdom
| long_title            = An Act to impose customs duties on certain goods with a view to the safeguarding of certain industries, and for purposes connected therewith.
| year                  = 1925
| citation              = [[15 & 16 Geo. 5]]. c. 79
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| territorial_extent    =
| royal_assent          = 22 December 1925
| commencement          =
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The '''Safeguarding of Industries (Customs Duties) Act 1925''' ([[15 & 16 Geo. 5]]. c. 79) imposed duties on cutlery, gloves, and incandescent mantles imported into Britain.<ref name=sjpe>{{Cite journal|last=Varian|first=Brian D.|date=November 2019|title=The growth of manufacturing protection in 1920s Britain|url=https://onlinelibrary.wiley.com/doi/10.1111/sjpe.12223|journal=Scottish Journal of Political Economy|language=en|volume=66|issue=5|pages=703–711|doi=10.1111/sjpe.12223|s2cid=159346581|issn=0036-9292}}</ref> Collectively, these industries amounted to approximately 3% of Britain's manufacturing output. The duties were temporary, remaining in effect for five years, from December 1925 to December 1930. For cutlery and gloves, the duties were 33<sup>1/3</sup>% ad valorem, while for incandescent mantles the duty was 6 shillings per gross.<ref>{{Cite book|last=Abel|first=Deryck|title=A History of British Tariffs 1923-1942|publisher=Heath Cranton Limited|year=1945|location=London|pages=24–50|language=English}}</ref> These import duties were applied upon the recommendation of committees convened by the [[Board of Trade]], in accordance with the 'safeguarding of industries' procedure, set out in a government white paper in 1925.<ref>United Kingdom, ''Safeguarding of Industries: Procedure and Enquiries,'' Cmd. 2327 (London: HMSO, 1925).</ref>
Unlike the [[Safeguarding of Industries Act 1921]], which was primarily intended to protect industries significant to national security, the Safeguarding of Industries (Customs Duties) Act 1925 was motivated by rising [[Unemployment in the United Kingdom|unemployment]] in those industries to which it applied safeguarding duties.<ref>{{Cite book|last=Marrison|first=Andrew|url=https://www.worldcat.org/oclc/32968848|title=British business and protection, 1903-1932|date=1996|publisher=Clarendon Press|isbn=0-19-820298-9|location=Oxford|oclc=32968848}}</ref> The 1925 Act was the only piece of legislation solely arising out of the safeguarding of industries procedure. Other safeguarding duties were legislated as part of the [[Finance Act 1925|Finance Acts of 1925-1928]].<ref name=sjpe/>
== References ==
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{{Reflist}}
[[Category:Law of the United Kingdom]]
[[Category:Economic history of Great Britain]]
[[Category:Trade]]
[[Category:Gloves]]