Tobacco Re-exports

Part of Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 13 May 1947.

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Photo of Sir Walter Fletcher Sir Walter Fletcher , Bury 12:00, 13 May 1947

That is not a satisfactory answer. Will the Chancellor explain whether in his view it is wise to expend a high proportion of our dollar loan on buying tobacco and cigarettes which are then sent to soft currency areas, even though they are in the British Empire?