IMPORTS AND EXPORTS (ADVERSE BALANCE). (Hansard, 14 May 1936)

§ 82. Sir H. CROFT
asked the President of the Board of Trade what was the adverse balance of visible trade in 1932 and 1935, respectively?

§ Mr. RUNCIMAN
The excess of imports over exports of merchandise amounted to £285,625,000 in 1932 and £275,749,000 in 1935.

§ Sir H. CROFT
In view of the great rise in the adverse balance during the first quarter of this year, is the right hon. Gentleman prepared to take any action?

§ Mr. RUNCIMAN
We are watching and examining the figures as they come to hand. I cannot make any statement on the subject at present.

§ Mr. SHINWELL
Does the adverse balance of trade prove the accuracy of the tariff policy?

§ Captain GUNSTON
Is it not a fact that these figures do not include invisible exports?

§ Mr. RUNCIMAN
The hon. and gallant Gentleman did not ask for those. He will, no doubt, fill them in himself.