§ 4. Sir R. Aclandasked the Chancellor of the Exchequer the approximate value of United States orders placed in Britain for tanks, war aeroplanes and other arms, during the last 12-month periods for which figures are available; and what is the estimated value of such orders for the current 12-month period.
§ Mr. R. A. ButlerIn the year ending 30th June, 1953, the United States placed orders for British military equipment to the value of some $380 million. We do not know as yet the likely value of orders in the current U.S. fiscal year.
§ Sir R. AclandWould it be possible to give an approximate estimate of the trend, whether it is tending to increase or fall off as compared with last year?
§ Mr. ButlerThe trend, as far as I am aware, will not tend to decrease but rather the reverse.