Page 688
345
Board and such licences will not be given, save in exceptional
ircumstances, while the capacity of the industry remains higher
han that necessary to produce the annual permitted amount.
The High Commissioners should point this out to the Federal
hancellor in order that he may understand that the re-equipment
f steel plants which have been wholly or partially dismantled
or destroyed will not be permitted. The High Commissioners will
ake any other action which they may deem necessary to ensure
hat this principle is observed.
0. The High Commission shall be given a special responsi-
ility with regard to the control of production and the allo-
Mation of the products of the seven steel plants to be taken off
the dismantling list, retaining full powers in this respect; and
They will take immediate action at these plants if they find
hat the permitted level of steel production is being exceeded.
All equipment which has been dismantled by the date
which agreement is reached between the High Commissioners and
The Federal Chancellor will be made available to I.A.R.A. as
Teparations. The High Commissioners shall have discretion to
Fake exceptions only in those cases where a very small amount
equipment has already been dismantled and the retention
this equipment will not materially affect the production
apacity of the plant in question.
2. The High Commissioners should endeavour to reach a very
Quick settlement with the Federal Chancellor. If their discus-
lons with him should appear likely to become protracted, the
gb Commissioners may at their discretion slow down, without
rejudice to recommencement at full speed, dismantling at
ertain key plants from the list of those on which they are
Iven liberty to negotiate in accordance with the above paragraphs.
Page 688
Page 688
... Page 689 of 1097
: