HC Deb 15 May 1922 vol 154 cc60-1W
Captain W. BENN

asked the President of the Board of Trade whether any contract was entered into for the disposal of the remaining stocks of imported timber; whether the contract was completed; and, if not, for what reason?

Mr. BALDWIN

A contract was entered into for the disposal of the remaining stocks of imported timber on 30th September, 1920, but the purchasers were unable to complete the purchase owing to the serious fall in prices which followed immediately after that date. The terms of the contract have since been modified and the remaining stocks in this country have now been sold and paid for.