§ 70. Lieut.-Colonel Dower
asked the President of the Board of Trade whether he will issue a White Paper showing precisely what he has done within the past six months to increase the interchange of imports and exports between Britain and Rumania; and with what result?
§ Mr. R. S. Hudson
During the past six months a fresh Payments Agreement has been concluded with Rumania, and His Majesty's Government have purchased 200,000 tons of Rumanian wheat. The Payments Agreement cannot produce its full effects in so short a time, but the marked increase in the clearing receipts must, obviously, facilitate the liquidation of existing engagements and an increase in United Kingdom exports. My right hon. Friend does not consider that the publication of a White Paper would be justified, especially as the necessary figures are available in the Board of Trade Journal and the Trade and Navigation Accounts.