HC Deb 22 June 1916 vol 83 c296
28. Colonel NORTON GRIFFITHS

asked the President of the Board of Trade whether the question of maintaining the ship-carrying capacity of the nation comes under his Department; and, if so, what steps he is taking to ensure that all insurance moneys which are paid to owners in connection with lost ships are used for the replacement of such ships?

Mr. PRETYMAN

The answer to the first part of the question is in the affirmative. The Board of Trade have no power to compel owners to invest insurance money in new ships, and as at present advised they have no evidence that any such compulsory measure is required.

Colonel GRIFFITHS

Are the Government satisfied that the carrying capacity of the nation is being maintained under the existing Regulations?

Mr. PRETYMAN

I believe that any shortage of shipbuilding does not arise from shortage of capital available, but rather from shortage of constructive power in labour and materials.