§ 73. Sir G. Fox
asked the President of the Board of Trade, in view of the urgent necessity to increase our exports, why the fine-spinning section of the cotton trade cannot have licences granted to them to export their surplus production, since the home trade cannot absorb all the fine yarns that are produced, with the result that the spinners of these yarns are piling up stocks in their warehouses.
§ Mr. Belcher
Arrangements for a yarn export scheme are well advanced. Meanwhile the Cotton Control will consider favourably requests for export licences from spinners who have yarn accumulating which cannot be absorbed in the home market.