HC Deb 08 November 1949 vol 469 cc110-1W
92. Mr. W. Fletcher

asked the President of the Board of Trade what increase there has been since the devaluation of the pound in exports of cotton goods to the United States of America and to Canada.

Mr. Bottomley

It is too soon to expect the trade returns to reflect the increased volume of export trade which it is hoped will follow the adjustment of exchange rates. Some time must necessarily elapse before orders can be secured on the new basis and in the shipment of the goods overseas.