HC Deb 28 November 1949 vol 470 cc70-1W
Mr. Bossom

asked the Economic Secretary to the Treasury for what purposes the £25 million gift made to Great Britain by Australia is being applied.

Mr. Jay

The gift of £8 million sterling received last week from the Government and people of Australia, like earlier similar gifts of £20 million and £8 million, has been paid into the Exchequer. It thus increases the capital resources available for meeting Government commitments