HC Deb 21 May 1946 vol 423 cc192-3
55. Colonel Crosthwaite-Eyre

asked the Chancellor of the Exchequer if arrangements have now been completed whereby payment of imports into this country from Japan are made in sterling.

Mr. Dalton

Discussions on this subject are still proceeding in Washington.

Colonel Crosthwaite-Eyre

Can the Chancellor give any indication when the pledge given by his colleague, the President of the Board of Trade, will be implemented in view of the very severe drain on our fast diminishing dollar resources?

Mr. Dalton

The hon. Gentleman should not assume that they are fast diminishing. We are anxious to reach a con- clusion as soon as we can, but when discussions are going on with another Government it is not possible to fix in advance the date of their termination.