HC Deb 17 November 1953 vol 520 c142W
83. Mr. H. Wilson

asked the Chancellor of the Exchequer what conditions have to be satisfied for the investment of United States capital in cotton merchanting firms in this country; how many applications have been received; and what is the amount of capital involved.

Mr. R. A. Butler

Each case has to be considered on its merits in relation to its prospective benefit to the economy. One application has so far been received for the investment of a small amount.