§ 52. Mr. N. Macphersonasked the Chancellor of the Exchequer to what uses it has been mutually agreed between Her Majesty's Government and the Government of the United States of America that sterling paid by British importers for United States surplus foodstuffs and tobacco will be put.
§ Mr. MaudlingMy right hon. Friend has received assurances from the United States Administration that the sterling60W proceeds of the surplus United States commodities which Her Majesty's Government have so far proposed to purchase will be applied in relief of the United Kingdom defence budget.