§ 21. Mr. HICKSasked the President of the Board of Trade if he will give the figures of increased exports to Canada since the grant of preferences arising out of the Ottawa Agreements?
§ Mr. RUNCIMANThe modifications of duties provided for in the United Kingdom-Canada Trade Agreement came into force in Canada on the 13th October last. The declared value of the domestic exports of merchandise registered as consigned from the United Kingdom to Canada during the three months ended 31st December, 1932, amounted to £4,398,000, as compared with £4,124,000 during the previous quarter, and £4,285,000 during the corresponding quarter of 1931.
§ Mr. HICKSDoes the right hon. Gentleman regard the increase in these figures as anything appreciable or satisfactory?
§ Mr. RUNCIMANYes, Sir, it is going in the right direction.
§ Mr. HICKSDoes the right hon. Gentleman think that inside of 10 years these figures will have appreciably increased?