§ 16. Mr. Hector Hughesasked the President of the Board of Trade if he is aware If the need of the Aberdeen granite industry for raw material; and if, as the exchange of iron grit for granite would not affect the rate of exchange or the currency problem, he will give to the Aberdeen Granite Supply Association the licences they seek to import iron grit which Swedish exporters have offered to exchange for granite blocks.
§ Mr. Marquand: Licencesare no longer needed for the export of iron grit. We are not prepared at the present time to grant facilities for the import of granite.