§ 50. Sir FREDRIC WISEasked the President of the Board of Trade if fuller information tends to confirm the estimate of £28,000,000 for the balance of trade of Britain for 1925?
§ Sir P. CUNLIFFE-LISTERThe £28,000,000 was a tentative estimate of our -income in 1925 available for investment overseas. My hon. Friend will remember that I have on several occasions ventured to express the opinion that this was a very conservative estimate. This view has been confirmed by further information, and the estimate will be revised when the preliminary figures for 1926 are being considered.