§ 2. Mr. Hammersley
asked the President of the Board of Trade whether he is aware that the export trade in textiles is being considerably hampered by restrictions in credit on the part of the acceptance banks, and will he take steps to see that the normal credit facilities on which our export trade so largely depends shall be maintained?
§ Sir A. Duncan
Where no more than ordinary commercial risks are involved, I am not aware of any difficulty in obtaining the necessary credit, and exporters can always avail themselves of the facilities offered by Export Credits Guarantee Department.
§ Mr. Hammersley
Is my right hon. Friend aware that the curtailment to which I refer is a curtailment of the normal acceptance of credits; is he further aware that this curtailment of credit is doing injury to his export drive; and if I draw his attention to particular cases, will he do what he can to remedy them?