§ 71. Mr. W. Fletcher
asked the Minister of Food whether the difference between cost and market value of groundnuts produced under the East African Groundnut Scheme will remain in East Africa for the benefit of the colonial peoples or whether it is to be taken by the British Exchequer; or whether it is to be shared.
§ Mr. Strachey
The sale of the groundnuts produced under the East African Groundnuts Scheme will be a matter for negotiation between the Overseas Food Corporation and the buyers, and I cannot anticipate the outcome of these negotiations. The hon. Member can rest assured, however, that full account will be taken of the declared policy of His Majesty's Government that the operation of this scheme will bring great financial benefit to peoples of the territories. The British people will benefit mainly through the increased supplies of oils and fats.