§ 52. Mr. HIGHAM
asked the Prime Minister if, in view of the fact that the Government of the United States intends loaning to American exporters. £200,000,000 of Government money to permit these exporters to sell on credit in Allied and neutral markets, he will state what amount of money this Government proposes to set aside for this purpose that our traders may be in no less an advantageous position?
§ Mr. BRIDGEMAN
The Prime Minister has asked me to answer this question. The hon. Member must bear in mind that the War has taxed the financial resources of the British Government more severely than those of the Government of the United States. The Government are fully alive to the importance of the question of credit facilities, which in the case of some markets is at present, perhaps, the chief problem to be solved in connection with export trade; but the solution cannot be a matter either wholly or mainly for the Government.
§ Colonel WEDGWOOD
Do not these credit facilities benefit those who import goods more than they benefit the American exporters?