HC Deb 01 November 1920 vol 134 c76W

asked the Parliamentary Secretary to the Overseas Trade Department seeing that under £56,000 has been taken up during the past two months under the Overseas Trade (Credit and Insurance) Act, if he will now consider the advisability of adopting, in the interest of the country and to prevent further unemployment, the scheme proposed by the Chamber of Commerce, or will he state what he proposes to do to make the Act workable?


I have already given very careful consideration to the scheme in question. The Department of Overseas Trade has been in correspondence on the subject with the London Chamber of Commerce, and I am now awaiting a further communication from the Chamber upon certain points in connection therewith. As to the last part of the question, since the recent alterations were made in the scheme a large number of inquiries have been received from business firms who state that the new conditions will materially assist their trade.