§ 31. Sir WILLIAM DAVISONasked the President of the Board of Trade, if, in making a new trading agreement with Russia, he will take into consideration the large cash credits which the Russian Soviet Government have in London in respect of purchases of Russian products by British citizens?
§ Lieut.-Colonel COLVILLEYes, Sir. This, as well as all other relevant considerations, is being borne in mind.
§ Sir W. DAVISONWill my hon. Friend give an assurance to the House that no question of export credits will now be entertained with regard to any of these negotiations seeing that, as stated in the House a few days ago, the Russians are purchasing from us only £7,000,000 worth of goods compared with the £15,000,000 for which they are paid in cash in this country.
§ Lieut.-Colonel COLVILLEI can only repeat the assurance I have given—that that and all relevant considerations will be borne in mind.
§ Mr. NEIL MACLEANWill the hon. and gallant Gentleman take into consideration the very depressed condition of the herring industry and expedite an agreement as much as he can?