HC Deb 29 March 1920 vol 127 cc854-5
15. Mr. G. LOCKER-LAMPSON

asked the President of the Board of Trade if he will state from what source the £299,000 has been already spent in anticipation of the Overseas Trade (Credits and Insurance) Bill receiving Parliamentary sanction?

Mr. BRIDGEMAN

As I informed the hon. Member for South Ayrshire (Mr. J. Brown) on 26th February, the figure of £299,000 represents the amount of appli- cations for advances sanctioned. Of this sum only £130,099 will be required, since the authorities given in respect of the balance have lapsed. The total amount paid out for advances to date, namely, £13,984 has been provided for in the Supplementary Vote for Export Credits (Unclassified Services).

Mr. LOCKER-LAMPSON

Can my hon. Friend say whether the Money Resolution will be taken to-night?

Mr. BRIDGEMAN

I am afraid I cannot answer that, but I think probably not.