§ 89. Mr. ACLAND
asked the Chancellor of the Exchequer the total amount of the subsidy paid to the iron and steel industry?
§ The PARLIAMENTARY SECRETARY to the MINISTRY of MUNITIONS (Mr. Kellaway)
I have been asked to reply to 279 this question. The total of the subsidies paid in connection with the manufacture of iron and steel for the three years up to 31st January, 1919, amounted to about £48,500,000 (including excess of freight and insurance over the parity rates for imported ore). Of the total the excess freights and insurance represent £31,750.000.