§ MR. WILLIAM REDMOND (Clare, E.)
I beg to ask the Secretary to the 1075 Admiralty whether the offer of Mr. Pierpont Morgan, on behalf of the new shipping combine, to place for the next fifty years at the disposal of the Admiralty, on certain terms, British ships in the combine, has been accepted or considered.
THE SECRETARY TO THE ADMIRALTY (Mr. ARNOLD-FORMER,) Belfast, W.
An offer has been received, the details of which I am not in a position to communicate to the House, though I may say that the point mentioned in the hon. Member's Question is included. The offer has not as yet been accepted, because it can only be dealt with in relation to British shipping generally in the Atlantic trade, the position of which is being very carefully considered by His Majesty's Government. As soon as His Majesty's Government are in a position to make a general statement on the subject to the House, they will do so.