§ Mr. McMasterasked the President of the Board of Trade what estimate he has 308W made of the effect on the balance of payments during each of the next three financial years of the new construction orders placed with foreign shipbuilding yards by British shipping companies since the expiry of the Shipbuilding Credit Act, 1964.
§ Mr. DarlingI have made no estimate of this kind. It would be difficult to produce reliable figures because the terms of these orders including the prices paid are not usually published.