§ 65. Mr. GRETTON
asked the Post master-General whether his attention has been drawn to the general meeting of Marconi's Wireless Telegraph Company last Tuesday, and the statement then made that the net profits of the company amounted to £122,000, while a sum of £119,000 was still owing (payable in cash) to the American Marconi Company; and if he has taken steps to assure himself that the company is able to carry out the indemnity referred to in Clause 22 of the agreement with the Government?
§ Mr. HOBHOUSE
I would refer the hon. Member to my answer to a question asked by the hon. and gallant Member for the Horncastle Division on the 20th instant regarding this indemnity. I have no reason at present to doubt the ability of the company to carry out their undertaking in this respect.