55. Mr. Norman Smithasked the Chancellor of the Exchequer whether in view of the need of imported raw materials and foodstuffs, he is taking steps to prevent British exports from being used up in a reduction of sterling balances.
§ Mr. DaltonFar from being used up, the present tendency of overseas sterling balances is to increase.
§ Mr. BossomIs the Chancellor of the Exchequer aware that because of the failure to import raw materials for making a certain specialised paper in the manufacture of which England stands alone, we are losing a great amount of foreign export trade which could be obtained at the present time?
§ Mr. DaltonThat is quite a different question from the one on the Paper and perhaps my hon. Friend will put it down.
§ Mr. BossomMy question concerned the manufacture of specialised paper, medical filter paper, and its raw material, which we are not allowed to import at the present time.
§ Mr. DaltonIf the hon. Member will put it down I will give him a considered reply.
§ Mr. StokesDoes the right hon. Gentleman mean by his reply that raw materials are not being used for the purpose of reducing particular sterling balances?
§ Mr. DaltonI endeavoured to answer the Question on the Paper. If another hon. Member wants to put another question, I will be glad to answer it later on.