Britain's Dollar Drive In New Phase

Chronicle (Levin), 15 June 1949, Page 5

Britain's Dollar Drive In New Phase

LOXDOX, June 14. A new phase in Britain's dollar export drive, began yesterday with the formation of a Dollar Exports Boafd gh der the chairmanship of Sir GrahUiii bunningliam who is a niember of ' Hconomic Planning Board, repQPty|i||lju Financial Times. The new dollar:'d)8a[rJ is the outcome of the work of:a pbe'liininarv committee under Sil'^^ihd Bailliem It is not a (rovernment idfep'a^i ment. It is being financed by indk^t,t^Tj and has been formed entirelv by." tish industry, commerce, finance and dr-' ganised labour. Jt aims to give all pos ?ible seiwice to potential Pnited Ivinglora exporters to Canada and the Unit:d States. The exeeutive of the new >oard includes a director of Lever Brothers- and Unilever^_,J\Ir Laurenee Eleyworth, a director of Harrison and .Tosfield, Sir Leonard Paton, and Mr II. rewson representing the T.U.C. The Times says that though the aims md possibilities are clear enough, the )ollar Exports Board has still to prove vhat real contribution it can make. The Manchester Guardian says that or any lasting increase o'f exports," Iritain has to look much less to better alesmanship than to cutting production :osts and prices.