§ Viscount WOLMERasked the Chancellor of the Exchequer the total value of American hops licensed for importation into this country during 1919 and 1920, the approximate cargo space that they will occupy, and whether the continuation of imports on this scale is likely to benefit the British exchange in America?
Sir A. BOSCAWENI have been asked to reply to this question. 413,879 cwts. of hops were licensed for import during the years 1919 and 1920, but it is not known what proportion of these were American. The average price was between £12 and £15 per cwt. I am unable to state the approximate cargo space the hops will occupy, but I am informed that an American bale occupies 17–18 cubic feet and weighs about 1½ cwt. The Chancellor of the Exchequer considers that the effect of these imports on the exchange is not important.