HC Deb 16 March 1948 vol 448 c224W
Sir W. Smithers

asked the President of the Board of Trade why, in view of the fact that there are large stocks of woollen goods in Britain, he is allowing £1,000,000 worth of woollen material to come into this country from Italy at utility prices.

Mr. H. Wilson

We agreed to allow the import of wool piece goods from Italy as Part of a mutually advantageous arrangement whereby each country undertook to issue import licences for certain manufactured products, the export of which was important to the other's economy. We have stipulated that half of the Italian supplies should be in men's suitings and overcoatings, of which there is a continuing1shortage here; and that half should be of the type used far making up into utility clothes.

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