HC Deb 29 June 1938 vol 337 c1930W
Sir J. Wardlaw-Milne

asked the Prime Minister whether he has yet received a full report from His Majesty's Ambassador in China on the Japanese wool monopoly in North China?

Mr. Butler

My Noble Friend has instructed His Majesty's Ambassador in China to keep him fully informed of developments in this matter. In the meantime the Ambassador has reported that, while there appears to be a tendency towards Japanese monopolistic practice in North China, there is as yet little evidence of damage to British trade on this account.

Sir J. Wardlaw-Milne

asked the Chancellor of the Exchequer whether his attention has been drawn to the serious fall in the Shanghai dollar; and whether he will ask the economic adviser to His Majesty's Government to pay special attention to the dislocation of British trade caused thereby

Captain Wallace

My hon. Friend may rest assured that His Majesty's Government are fully aware of the effect on British trade of the present situation in China, including the fall in the Shanghai dollar.