RUSSIAN GRAIN FOR BRITAIN
(Rec. 8 p.m.) LONDON, Nov. 7. Britain has reached agreement with Russia tor the supply of 800,000 tons of Soviet grain, the British Minister of Food (Mr Maurice Webb) announced to-day. Britain will pay for the grain *in sterling and has not committed herself to sell Russia anything in exchange. Apart from certain warlike machine tools banned for export to East European countries last September, Russia ■will be free to spend the money throughout the sterling area—as she has been in previous years. Russia is expected to spend most of the sterling oh rubber, wool and other Commonwealth materials.
It is understotxi that Russia’s supplies of grain are smaller than last year because of her own shortages arid those of her East European neighbours. Russia was able to deliver last year’s supplies of coarse grains to Britain only by taking from her satellite countries food which they could ill afford.
Under last year’s contract. Britain got 1,000.000 tons of coarse grains.
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Press, Volume LXXXVI, Issue 26264, 8 November 1950, Page 7
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165RUSSIAN GRAIN FOR BRITAIN Press, Volume LXXXVI, Issue 26264, 8 November 1950, Page 7
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