§ 116. Sir W. Smithers
asked the President of the Board of Trade whether, in view of the fact that the overseas market for wool dresses coat fabrics and similar goods has dried up, of which particulars have been sent to him, and in view of the fact that there are large stocks waiting to be cleared in this country and which the public badly need, if he will reduce the coupon value of this range of goods.
§ Mr. H. Wilson
Although traders may in a few cases be unable to dispose immediately of certain types of wool cloth for export, it would be far from true to suggest that the overseas market for wool dress and coat fabrics have dried up. In these circumstances I am not prepared to stimulate the supply of these cloths to the home market by reducing their coupon pointing.