The text on this page has been created from Hansard archive content, it may contain typographical errors.
Mr. Sharp
asked the Financial Secretary to the Treasury why, in view of the fact that the Central Office of Information do not sell books abroad below cost price, the estimated cost of purchase of these books during 1947–48 is £190,000 and the appropriations in aid from their sale are only estimated at £50,000.
Mr. Glenvil Hall
The figure of £50,000 represents that proportion of the receipts which may reasonably be expected to become convertible into sterling in the current financial year.