§ Mr. R. YOUNGasked the Parliamentary Secretary to the Overseas Trade Department whether the Exports Credits Department have refused to grant the necessary credits to enable a contract for the supply of 500 locomotives to the Roumanian Government being taken up in this country; and whether, in view of the fact that if this order can be obtained it will provide employment for many men, he will arrange for representatives of the interests concerned to meet the financial advisers of the Department in order to discuss the possibility of coming to some arrangement?
§ Sir P. LLOYD-GREAMEI am fully aware of the importance to this country of securing the contract in question. The proposition has been very fully examined by the Advisory Committee set up under the provisions of the Overseas Trade (Credits and Insurance) Act, who have several times interviewed the parties concerned, but they have been unable to recommend its acceptance. I understand, however, that an amended proposal may be put forward; and any such proposal will be promptly considered by the Advisory Committee.