HC Deb 13 May 1946 vol 422 cc143-4W
84. Sir W. Smithers

asked the President of the Board of Trade, in view of the fact that the U.S. Government did not call upon His Majesty's Government to pay for any of the cotton imported since Lend-Lease began up to 2nd September, 1945, if he will now state the amount, the price at which it was taken over and the total value of U.S. cotton in our stocks on 2nd September, 1945.

Mr. Marquand:

411,445 bales of American cotton were in our stocks or afloat to this country on 2nd September, 1945. The settlement reached with the U.S. Government in respect of Lend-Lease stocks was a global one covering all materials, and no specific transfer price or value was allocated to individual items such as cotton.