§ 89. Mr. J. H. Osbornasked the President of the Board of Trade if he will estimate the value of the loss of British exports due to increased freight costs and the addition to the import bill for the same reason for each month that the Suez Canal is closed; and what estimates he has made of the effect on the balance of payments.
§ Mr. JayIt is not possible to estimate the effect month by month of the increased freight costs upon United Kingdom exports, imports and the balance of payments.