HC Deb 30 July 1940 vol 363 c1134
14. Mr. Price

asked the Minister of Economic Warfare whether he will consider what steps can be taken to assist the Government of the United States of America in securing markets for, or holding over for a time, the surplus products of the American Continent?

Mr. Dalton

The question of surpluses in relation to the blockade is under continuous examination by my Ministry. A Ministerial sub-committee of the Economic Policy Committee has recently been set up to formulate policy on this question in its wider aspects. As my hon. Friend will be aware, the question has recently been discussed at the Havana Conference. His Majesty's Government have already intimated to the United States Government their great interest in the general question of world surpluses and their readiness to co-operate in the study of any possible solution of the problems.