§ Considered in Committee under Standing Order No. 69.
§ [Major MILNER in the Chair.]
§
Motion made, and Question proposed,
That, for the purposes of any Act of the present Session to assist the government of Malta to meet their liabilities for war damage and other expenses, and for purposes connected therewith, it is expedient to authorise—
§ 2.31 p.m.
§ Mr. Charles Williams (Torquay)I have indicated to the Financial Secretary that, if it is possible, I should like an answer today as to whether the goods exported for the purpose of reconstruction in Malta come under the general list of exports. In this case they are a gift, in the same way as goods which come in under U.N.R.R.A., and I should like to know if they are definitely included in the total amount of exports, because if they are, they are not necessarily balanced by imports.
§ The Financial Secretary to the Treasury (Mr. Glenvil Hall)They will, of course, appear, when and if they are exported from this country, in the trade returns, as exports. I would remind the hon. Gentleman that the use of this money by Malta will be spread over a large number of years, and that not all the materials for which this money will be used will come from this country. In fact, a lot of it may not be spent upon materials at all, but in other ways. Goods and material exported from this country will not be left out of the trade returns because the destination is Malta. Although the hon. Gentleman described these as a gift, in actual fact these things will probably not be sent by the Government, but by private exporters, who will, of course, receive payment.
§ Mr. WilliamsIn formally thanking the right hon. Gentleman for his answer, so far as I am concerned, the larger the proportion of this money which is spent on goods in this country the better I shall like it.
§ Resolution to be reported upon Monday next.—[Mr. Michael Stewart.]