§ 42. Mr. T. SMITHasked the President of the Board of Trade whether, in view of the Russo-German trade agreement providing for a credit of about £16,000,000 at an average period of five years and at 2 per cent. above the rediscount rate of the Reichsbank, any steps are to be taken to grant more favourable credit terms to Russia in order to promote Russo-British trade?
§ Lieut.-Colonel COLVILLEI would refer the hon. Member to the reply which I gave to a question by the hon. Member for Limehouse (Mr. Attlee) on the 4th February last, of which I am sending the hon. Member a copy.