Agricultural Commodities (Dollar Purchases)

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 Reginald Maudling Mr Reginald Maudling , Barnet 12:00, 18 February 1954

The allotment recently announced is of 20 million dollars under Section 541 of the United States Mutual Security Act. It completes the total allotment of 55 million dollars proposed for the United Kingdom under this Section. Proposals for spending the dollars made available will be discussed with the United States shortly and announced as soon as agreement is reached.