HC Deb 22 February 1949 vol 461 cc1686-7
52. Sir W. Smithers

asked the Chancellor of the Exchequer to what extent Marshall Aid will be cut for the 15 months period commencing 3rd April, 1949.

Sir S. Cripps

E.C.A. have requested Congress to appropriate 5,580 million dollars for this period. This request is now being considered by Congress.

Sir W. Smithers

Is the right hon. and learned Gentleman aware that, unless this suicidal policy of nationalised industries is stopped, there will be a considerable reduction in. or stoppage of, Marshall Aid?

Sir S. Cripps

I am afraid that the hon. Gentleman's hopes are not likely to come true.

Sir W. Smithers

I know more than the right hon. and learned Gentleman does.