HC Deb 26 April 1934 vol 288 cc1878-9
71. Captain FULLER

asked the President of the Board of Trade whether, as every diminution in our adverse visible balance of trade means a reduction in interest payments on investments abroad due to us, he will state to what extent this factor is preventing the further exclusion of foreign agricultural produce now entering this country to the detriment of our own agriculture and that of the Dominions?

The PARLIAMENTARY SECRETARY to the BOARD of TRADE (Dr. Burgin)

As I am unable to accept the premiss advanced by my hon. and gallant Friend, it is not possible for me to suggest an answer to his question.

Captain FULLER

Would the hon. Gentleman state where the payments on our overseas investments are to be found, if not in the adverse visible trade balance?

Dr. BURGIN

That is quite another point. Perhaps my hon. and gallant Friend will have a word with me afterwards.