asked the President of the Board of Trade the values of British exports into France in 1913, in 1921, in 1922, and in the first quarter of 1923, with due allowances in the latter cases for the then existing rates of exchange?

The values of exports of United Kingdom produce and manufacture consigned to France in the periods specified were as follows:

1913				£28,933,000
1921	…	…	…	44,260,000
1922	…	…	…	48,310,000
1st quarter of 1923	…	…	…	13,032,000

These figures represent the values as declared in this country by the exporters, and accordingly no adjustment has to be made on account of variations in the rate of exchange between the United Kingdom and France. The rise in post-War values should, however, not be overlooked.