HC Deb 17 December 1935 vol 307 cc1574-5W
Sir J. WARDLAW-MILNE

asked the President of the Board of Trade whether he is aware of the difficulties which at present harass the trade of this country with Spain owing to the restrictions which result in money due to British merchants being held up for periods of six months or more; and whether it is the intention of the Government to institute a clearing system to ensure that sterling due to Spain in payment for goods exported from that country shall be used solely for payments due to British manufacturers for goods forwarded to Spain?

Mr. RUNCIMAN

Yes, Sir, I am well aware of the difficulties referred to by my hon. Friend. The whole question is at present receiving the careful attention of His Majesty's Government.