Abstract
THE Cantor Lectures on "Organic Chemicals from Petroleum", which Sir Frank Smith delivered before the Royal Society of Arts during April, were happily timed to provide the background for wide appreciation of the importance of the recommendations of the Report of the Hydrocarbon Oil Duties Committee*, which Sir John Anderson stated in his Budget speech on April 24 he proposed to accept. The Committee, over which Sir Amos Ayre presided, was appointed by the Chancellor of the Exchequer and the Minister of Fuel and Power, as indicated in last year's Budget speech, and Sir John Anderson has now included in the Finance Bill a provision freeing from Customs duty imported hydrocarbon oils used as raw materials for chemical synthesis. Provision is also to be made for an allowance of an amount equal to the Customs duty in respect of indigenous oils used in these processes, in order that the competitive position in respect of home-produced materials should not be worsened by this change.
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Significance of Hydrocarbon Oils in Chemical Industry. Nature 155, 762–763 (1945). https://doi.org/10.1038/155762a0
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DOI: https://doi.org/10.1038/155762a0