§ 12. Mr. Shepherd
asked the President of the Board of Trade the volume of cotton textile exports in 1947 as compared with 1937, after weighting, in respect of fine counts.
§ Mr. H. Wilson
The estimated volume of exports of cotton yarns and manufactures, other than apparel, in 1947 was 32 per cent. of that in 1937.
§ Mr. Shepherd
Does not the right hon. Gentleman consider it a sad commentary on the actions of the Government that since the war we have only 32 per cent. of 1937 production?
§ Mr. Wilson
No, Sir, the cotton industry has taken a pretty long time to recover from the effects of concentration and the other measures applied during the war. We are looking to the industry for a much larger increase in 1948.