§ Captain P. MACDONALDasked the President of the Board of Trade what relation the consumption of British manufactures in Great Britain bears to exports of similar manufactures to foreign countries and to British countries, respectively?
§ Mr. W. GRAHAMThe value of the goods of all kinds produced in the United Kingdom in 1924 is estimated at approximately£2,655,000,000, this estimate being based on values at the places of production and excluding duties of Excise or of Customs on the goods or on the materials of which they were made. The declared value of the exports of produce and manufactures of the United Kingdom in 1924 amounted to£801,000,0010, f.o.b. at the ports of shipment,£463,500,000 of which represented goods consigned to foreign countries and£337,500,000 represented goods consigned to British countries. For comparison of these latter figures with the total value of the goods produced, allowance should be made for the charges incurred in moving the goods from the places of production to the ports of shipment and in loading on the exporting vessels.