§ Colonel W. THORNE
asked the President of the Board of Trade if he can explain the difference indicated in the accounts relating to the trade and commerce of certain foreign countries and British possessions which record the average value of bacon shipped from America as 1s. 1½d. per lb., while the Board of Trade Returns indicate an arrival value at Liverpool of the same foods as costing 1s. 6½d. per lb.; and what items constitute the difference and who declares the value at Liverpool and other British arrival ports?
§ Mr. BRIDGEMAN
The average export price of bacon shipped to the United Kingdom from the United States in the first nine months of 1918 was, as shown by the United States Trade Accounts, equivalent to 1s. 2d. per lb. The average import value of bacon landed in the United Kingdom from the United States in the same period was, as declared by the importers 1s. 6½d. per lb. I have no means of saying in what way the difference was divided between freight, marine insurance, war risk insurance, landing charges and other expenses.