HC Deb 19 November 1946 vol 430 cc687-8
56. Mr. Gammans

asked the Chancellor of the Exchequer how much of the U.S. loan has been spent or hypothecated already.

Mr. Glenvil Hall

Six hundred million dollars has been drawn.

Mr. Gammans

Can the hon. Gentleman say how that is divided as between consumer goods, such as films, and capital goods, which was the purpose for which the loan was taken?

Mr. Glenvil Hall

I think the hon. Gentleman should put that question on the Order Paper. It is not the sort of question I could answer offhand.

Mr. Keeling

Will the hon. Gentleman answer the second part of the Question—"hypothecated"?

Mr. Glenvil Hall

That is the same question, put in another way, as that of the hon. Member for Hornsey (Mr. Gammans). I am not at the moment prepared to answer that question.

Sir Frank Sanderson

Will the hon. Gentleman give an assurance that no goods will be purchased from the dollar area which can be purchased from the sterling area?