§ 90. Mr. Draysonasked the President of the Board of Trade if the allocation of raw silk to manufacturers will be maintained at the same volume as was in operation before the devaluation of sterling; and if he is aware of the fact that a high proportion of these finished goods are exported to dollar markets.
§ Mr. H. WilsonThe volume of future imports of raw silk from Japan will depend upon the level at which trade between Japan and the Commonwealth can be balanced, and upon the price charged for raw silk. It is not yet possible to foresee the effect of these factors. I am aware of the importance of obtaining sufficient raw silk to enable exporters to take advantage of opportunities for dollar exports.