§ 31. Mr. Keelingasked the President of the Board of Trade what dollar expenditure has been incurred on token imports of manufactured goods since their admission began last year; and what dollar expenditure on such goods is proposed during the current year.
§ Sir S. CrippsImport licences were issued in respect of 1946 under the token 1492 import scheme for goods from Canada valued at £392,000 and from the U.S.A. at £178,000. I do not expect that dollar expenditure on token imports in the current year will greatly exceed these figures.
§ Mr. KeelingIt is not intended to reduce them owing to the shortage of dollars?
§ Sir S. CrippsProbably not to any material extent, because they amount to a very small sum anyway.