§ 65. Mr. Hannahasked the Chancellor of the Exchequer whether, in view of the importance to this country of its export trade, the almost total loss of such business during the war and the efforts that will be needed to recover it after the war, he will consider granting to firms specially interested in export trade facilities to make now progressive cash reserves to be applied after the war solely to the development of export business, on the understanding that, in the meantime, such funds are lent to the Government?
§ Sir K. WoodI am not clear what facilities my hon. Friend has in mind, but if he is suggesting the grant of special taxation relief, I would refer him to the Debate on 14th May, 1942 (OFFICIAL REPORT, Vol. 379, No. 66, cols. 1913–1931) in Committee on the Finance Bill of last year on a new Clause moved by the hon. Member for Northampton (Mr. Summers).
§ Mr. HannahOn account of the great interest of the Chancellor's answer and the supreme importance of the whole matter to the trade of the country, I beg to give notice that I will raise this question again on the Adjournment at the first opportunity.