HC Deb 17 June 1948 vol 452 c647
36. Mr. Shepherd

asked the Minister of Fuel and Power the value at current prices of coal exports at 1937 volume.

Mr. Gaitskell

At the average f.o.b. prices now current for the principal grades of coal, the value of coal exports in 1937 (exclusive of bunkers) would amount to £150 million.

Mr. Shepherd

In view of the enormous contribution that exports would make to our present position, when does the Minister expect to equate the achievements of the bad old days of private enterprise?

Mr. Gaitskell

We have made a very good start from the extremely low level to which these exports were allowed to fall under the previous Government.