§ Sir W. Smithersasked the Chancellor of the Exchequer what conditions have been imposed by the Government of the U.S.A. as to the expenditure of Marshall Aid; and if he will make a statement.
§ Mr. JayI would refer the hon. Member to the Economic Co-operation Agreement between His Majesty's Government and the Government of the United States of America, published as Command Paper 7446.
§ Sir W. Smithersasked the Chancellor of the Exchequer how much Marshall Aid has been received at the latest available date; and if he will give details of how it has been spent; what is the balance in 61W hand; and how much more is due and up to what date.
§ Mr. JayUp to 15th September we received under the European Recovery Programme 219 million dollars in reimbursement of expenditure already incurred by us. The principal items on which this money has been spent are: Wheat and flour 95 million dollars; bacon 28 million dollars; Non-ferrous metals 21 million dollars, all from Canada. Tobacco 16 million dollars, non-ferrous metals 6 million dollars, from the United States. Oil from various sources 39 million dollars and molasses from Cuba 6 million dollars.
For the second quarter of this year we have been allocated by the Economic Co-operation Administration 400 million dollars in grants and loans of which 207 million dollars has still to come to us. In the provisional division of aid made by the Organisation of the European Economic Co-operation for the year July, 1948, to June, 1949, and which is subject to confirmation by the Economic Cooperation Administration, our share has been put at 1,263 million dollars.