HC Deb 13 December 1950 vol 482 c177W
Mr. A. Edward Davies

asked the President of the Board of Trade what arrangements will be made for the Token Imports Scheme in 1951.

Mr. H. Wilson

His Majesty's Government have decided that the Token Import Scheme, which in general provides for the import in token quantities of commodities entering traditional trade which would otherwise have to be excluded on balance of payments grounds, shall be continued in 1951 for the same countries and the same commodities as in 1950. The token import quota will, however, be increased from 20 per cent. to 40 per cent. by value of each individual manufacturer's trade with the United Kingdom in 1936–38 in the commodity in question. In addition certain administrative easements will he introduced, details of which will be announced later.