HC Deb 13 April 1948 vol 449 cc57-8W
49. Mr. Monslow

asked the Economic Secretary to the Treasury if he is satisfied that the preferential allocations of materials, particularly steel, which are made to firms achieving high exports do not unduly prejudice the allocations to manufacturers of components and common service items, such as ball bearings, which are required for incorporation in products both for export and for essential home use.

Mr. Jay

Yes. In the case of intermediate products such as my hon. Friend has in mind, material allocations are determined not by reference to export performance but to the level of supplies necessary to meet the whole of the essential demands of such products.