HC Deb 08 July 1947 vol 439 c215W
Mr. Prescott

asked the President of the Board of Trade, if he is aware that production costs in the Japanese cotton textile industry are considerably below those in the U.S. cotton textile industry; and if he will ensure that in future purchases of Japanese cotton textiles made from the U.S. Commercial Corporation the price paid will not be based on current U.S. prices.

Mr. Belcher

I am, of course, aware that normally Japanese costs are lower. I cannot say on what basis any future purchases of Japanese cloth will be possible.