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Imports (Dollar Sources)

Volume 465: debated on Tuesday 31 May 1949

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asked the Chancellor of the Exchequer what is the cost of imports from dollar sources for the periods January to March, 1947, and January to March, 1949, of petrol, tobacco and films, respectively.

Imports from dollar sources of petrol were £5.5 million in the first quarter of 1947 and £4.9 in the first quarter of 1949. For tobacco the figures were £12.5 million and £2.3 million respectively. Expenditure on films in the calendar year 1947 was £14 million. In the first quarter of 1949 remittances to the United States in accordance with the Anglo-American Film Agreement of 11th March, 1948, were rather over £1 million.