CO129-619-4 Department of Supplies- Trade and Industry- organization and finance 19-3-1949 - 31-3-1949 — Page 62

Flour

Rice

May, 1946

"

Peas

!!

11

Coal

#1

11

Firewood

#1

68

4.

Industry and Japanese Trade December 1946

Fuel Oil

11

UNRRA Clothing Distribution February 1947 Accounting Section March 1947

Charcoal

1/

Of these the following accounts are no longer active

and are being cleared:-

Catering

5.

Peas

Fuel Oil

UNRRA Clothing Distribution.

It is proposed that the remaining accounts shall be

regrouped under the following headings with maxima as indicated:-

6.

Rice

Dry Goods

Fuel

Cotton Yarn

Japanese Trade

$50,000,000

$15,000,000

$10,000,000

$15,000,000

$10,000,000

It is and has always been the intention of Government to divest itself of its trading activities at the earliest possible moment, but this is unfortunately impracticable in

respect of goods under world allocation or where trade with any

particular country must be on a Government to Governmenbasis.

7.

The establishment of the se Suspense Accounts in theory involves the use of Government's surplus balances, and

therefore requires approval by the Secretary of State.

But in

actual fact the result has been that over the whole field there

he s been a substantial credit, and Government, by having the use

of the surplus funds, has been able to postpone raising the balance