§ 67. Mr. Piratinasked the Chancellor of the Exchequer why, in view of the value to our balance of trade of the British shipping industry, he has announced that there will be severe cuts in the allocation of steel to the shipbuilding industry.
§ Sir S. CrippsThere is insufficient steel to meet all our needs. The allocations which have been made, and which are slightly above those of 1947, represent the best balance we can achieve between competing demands, all of which are important in the national economy and directly or indirectly in our balance of trade.