HC Deb 18 June 1941 vol 372 cc661-2W
Sir J. Mellor

asked the Chancellor of the Exchequer whether he has considered the statement issued by Courtaulds, Limited, on 12th June, with regard to the position of the American Viscose Corporation; and whether, in view of the recent acquisition and disposal by His Majesty's Government of 95 per cent. of Courtaulds, Limited, holding of the shares of the corporation, he will make a statement?

Captain Crookshank

My right hon. Friend does not think he can usefully make any statement at the present time. As explained in the announcement by Messrs. Courtaulds, Limited, the price to be paid to them by the Treasury has not yet been settled.