§ 29. Sir W. Smithersasked the President of the Board of Trade if he has considered a letter and pamphlet from the Liverpool Cotton Association which have been sent to him; and if, in order to accelerate the economic recovery of Britain he will now re-open the Liverpool Cotton Market.
§ Mr. H. WilsonI have considered the letter and pamphlet from the Liverpool Cotton Association, but I am unable to accept the implication that the Liverpool Cotton Market should be re-opened. In this connection I would refer the hon. Member to the reply I gave to the hon. Member for Bury (Mr. W. Fletcher) on Tuesday last.
§ Sir W. SmithersIn view of the fact that Ministers are appealing for increased exports, especially invisible exports, why close down one of our best export earners? Why not re-open it? And is not this the Communist technique of saying one thing and doing the opposite?