§ 41. Mr. CHORLTONasked the Secretary to the Overseas Trade Department when the committee considering the application of the clearing-house system to foreign trade debts or remittances will be able to report?
§ Mr. JOHN COLVILLE (Secretary, Overseas Trade Department)I must refer my hon. Friend to the answer I gave to his question on Monday last. The matter is under the examination of the responsible Departments and not of a formal committee. Consideration is being pressed forward.
§ Mr. CHORLTONCan the hon. Gentleman tell us whether any progress is being made in connection with this very difficult subject; that is to say, the payment of these remittances or trade debts?
§ Mr. COLVILLEAs the hon. Member says, the subject is a very difficult one. The answer to the next question throws a little light in a certain direction.