§ 68. Mr. GOLDSTONEasked the Chancellor of the Exchequer what amount was advanced by the Treasury to firms in Lon don to enable them to meet their obligations in the early days of the War; and what amount has yet to be refunded to the Treasury by the individuals and companies to whom advances were made?
§ Mr. McKENNAIt is undesirable to give figures in detail, and I am unable to give separate figures for London. The total amount advanced under the Treasury schemes formulated with a view to the protection of credit at the outbreak of war was about £200,000,000, and the amount outstanding at 30th November, 1915, was £35,500,000—that is to say, of the original advances over 82 per cent. has been repaid.