Cost-of-Living Subsidy (Exports)

HC Deb 17 December 1946 vol 431 cc1764-5

49. Mr. Erroll

asked the Chancellor of the Exchequer how much of the domestic cost-of-living subsidy is being exported in the form of a cheapening of the labour content in our exports at the present time.

Mr. Dalton

None at all, so long as exporters get the full market price for their sales.

Mr. Erroll

Has that policy been made clear to exporters—that the must charge profiteering prices abroad in order to recoup money taken by the Government from the taxpayer?

Mr. Dalton

I said, "the full market price." It was not I who used the term "profiteering."