§ 29. Mr. T. Reid
asked the Secretary of State for the Colonies if he will make a statement as to the extent to which the incentive to export timber from the Colonies has been increased by devaluation of the pound sterling; and how far such export has increased recently.
Mr. Creech Jones
There has been an increase, in terms of sterling, in the price paid for Colonial timber in the United States which will, I hope, lead to increased exports. I regret that I have not the figures asked for in the second part of the Question.