§ 15. Mr. Day
asked the President of the Board of Trade whether he will give particulars, from the information his Department has, of the methods in which the German Government assist and subsidise their export trade; and in what manner German exporters are enabled to purchase blocked marks at a discount and obtain in exchange free marks at their full value?
§ Dr. Burgin
Detailed information regarding the methods employed by the German Government to assist their export trade is not available, but it is understood that assistance is given mainly by means of subsidies derived from a levy on industry in Germany. The method whereby exporters could obtain blocked marks at a discount is believed to have been replaced to a large extent by this levy scheme. For further information I would refer the hon. Member to the report issued by the Department of Overseas Trade entitled "Economic Conditions in Germany."