Private Traders (Dollar Currency)

Part of Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 18 February 1954.

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Photo of Mr Marcus Lipton Mr Marcus Lipton , Lambeth Brixton 12:00, 18 February 1954

I regret the vague nature of that reply. Is the Economic Secretary of opinion that the balance of payments position has moved so much in our favour as to justify unlimited dollar expenditure on commodities of which the Ministry of Food hold vast stocks, which can only be sold at a loss of millions of pounds to the taxpayer?