HC Deb 14 June 1922 vol 155 cc364-5
65. Mrs. WINTRINGHAM

asked the President of the Board of Trade if 15,000 standards of spruce lying in Canada and belonging to this country have been sold to a firm of London timber importers; if so, what was the price per standard paid for the wood and how did it compare with the prevailing market value; and was any attempt made by the Govern- ment to obtain any better price after the offer had been received from the purchaser?

Sir W. MITCHELL-THOMSON

Approximately 10,000 standards of spruce lying in Canada have been sold to a firm of London timber importers, who have intimated their intention to exercise an option given to them to purchase a further 5,000 standards. In accordance with the invariable rule in such cases, I am not prepared to disclose the price of sale. There is no timber of comparable quality on the market. The offer was closed with upon expert advice.