HC Deb 20 November 1952 vol 507 cc2026-7
19. Mr. H. Nicholls

asked the President of the Board of Trade to what extent licences have been granted to consumers for the importation of carnauba wax from the United States of America, payable in dollars; and for what amount.

Mr. Mackeson

Two licences have been issued this year to import a total of 125 tons of carnauba wax from the United States at a value of £98,050. One of these licences was issued to a manufacturer for use in his own business and the other to an importer for sale to users.

Mr. Nicholls

At a time when dollars are in short supply, would it not be better if the commodity came from Brazil, when it could be paid for in sterling?

Mr. Mackeson

By the arrangement which was made we saved £100 a ton.

Mr. Stokes

As one of the more ignorant Members of the House, may I ask what is carnauba wax, and what it is used for?

Mr. Mackeson

It is required for the manufacture of boot polish and other products.