§ 76. Mr. Osborneasked the Minister of Supply if he is satisfied with the plans already made to deal with a possible slump in the engineering trade, following a Korean peace; and how long it will take to convert industry from armament to civilian goods production.
§ Mr. SandysAt present some 87 per cent. of the capacity of the engineering industry is engaged in civilian production. I do not anticipate that a cessation of hostilities in Korea would have any appreciable effect on the level of defence production.