§ 88. Sir R. COOPERasked the Parliamentary Secretary to the Ministry of Munitions what is the amount of the gross turnover of the contract for potash supplies entered into between the Government and Germany on which the British Potash Company, Limited, was entitled to one per cent. profit; and what further profits have been received by, or are still due to, that company under the arrangement by which that company was to receive one-third of any further profit?
§ Mr. BRIDGEMANThe gross turnover of the contract for potash supplies entered into between the Government and Germany on which the British Potash Company, Limited, is entitled to one per cent. profit is approximately £980,000. No further profits have been received by that company, and at the present time, it is not possible to state what further profits will be due to that company under the arrangement by which that company is to receive one-third of any further profit. In view of the extra expenses incurred at Rotterdam and Hamburg, consequent upon the strikes at those ports, the contract has been rendered less remunerative to the company.