§ 30. Mr. Thornton
asked the President of the Board of Trade what is his latest estimate of the cost to the Exchequer of the re-equipment phase of the Cotton Industry Act, 1959.
§ Mr. Thornton
Is the hon. Gentleman satisfied that the progress being made in re-equipment justifies the £11 million in Treasury funds which have been spent on scrapping of machinery?
§ Mr. Green
I do not think that it is possible at this moment in time to make the sort of equation that the hon. Gentleman is inviting me to make. Perhaps a little later on, if he would care to table that question and I have more of the facts, it would be possible for me to give him a more satisfactory answer.