HC Deb 16 November 1948 vol 458 c22W
66. Mr. Bossom

asked the President of the Board of Trade why the U.S. offer, made in the early part of this year, to provide our builders with the timber for 10,000 houses without payment for five or six years, was refused by his Department.

Mr. Bottomley

Because acceptance of the offer referred to would merely have established an eventual dollar liability, which we cannot afford.