HC Deb 28 July 1953 vol 518 cc1079-80
28. Mr. Shepherd

asked the Chancellor of the Exchequer the longest and widest terms that have been allowed on the sale of heavy capital goods overseas as a result of the recent directive to the Exchange Control.

Mr. R. A. Butler

In the national interest I regret that I cannot give this information.

Mr. Shepherd

Is my right hon. Friend able to go as far as to say that the terms now being offered to British exporters are at least as good as any being offered by other competitor countries?

Mr. Butler

I should not like to give an answer straight off on that subject, but I will investigate it so as to give an accurate reply to my hon. Friend.