HC Deb 12 July 1923 vol 166 c1576
80. Mr. GRAHAM WHITE

asked the Financial Secretary to the Treasury whether His Majesty's Government are still interested in the Hoffman Manufacturing Company, Limited?

Sir W. JOYNSON-HICKS

The Government interest in this firm was sold with effect from the 1st January, 1923. Two instalments of the purchase price have been paid; the remaining two instalments are due for payment before the close of the current financial year.

Mr. WHITE

Was there any loss on this transaction?

Sir W. JOYNSON-HICKS

I really cannot say. That point was not included in the question.

Lieut. - Commander KENWORTHY

Surely, as Financial Secretary to the Treasury, the right hon. Gentleman can tell us whether there was a loss?

Mr. SPEAKER

The right hon. Gentleman is only called upon to answer the question as it is put.