HC Deb 23 June 1921 vol 143 cc1544-5
76. Captain REDMOND

asked the Chancellor of the Exchequer whether the item of £426,003 19s. 4d., described as balance transferred to the Ministry of Munitions account, being net cost of deliveries during the year, in the Ministry of Munitions Appropriation Account, 1919–20 (White Paper No. 102), and appearing in the total production statement of national factories, page 14 thereof, is a portion of the loss in operating national factories?

Mr. YOUNG

I would refer the hon. and gallant Member to the answer given yesterday, in which it was pointed out that the statement referred to is not a trading account, and the item mentioned is not a trading loss, but is the net cost of deliveries taken by the Ministry after charging contractors and other Government Departments for materials supplied.

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