Japanese Cotton Imports

Part of Oral Answers to Questions — Trade and Commerce – in the House of Commons at 12:00 am on 30th October 1952.

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Lieut.-Colonel Schofield:

Is my right hon. Friend aware that the average price per square yard of Japanese imported cloth into this country has peen rising steadily during the past year, and that, according to the Board of Trade Returns for September, the price has risen to approximately 6s. per square yard against an average price of less than 2s. per square yard in the previous year, and that these high prices which are paid for Ministry of Defence contracts—[HON. MEMBERS: "Speech."]—merely allow the Japanese to average their total export prices and undercut us in every market in the world?