HC Deb 13 March 1924 vol 170 cc2549-50
89. Brigadier-General MAKINS

asked the Financial Secretary to the Treasury how much revenue has been derived from the sale of war stores in the current financial year; how much of these surplus war stores remain in the possession of the Government; what is their nature; and why there is a difficulty in disposing of them?


The revenue derived from surplus property and war stores in the hands of the Disposal and Liquidation Commission including raw materials on trading accounts during the current financial year is approximately £19,500,000. The value of surpluses remaining for sale is approximately £8,000,000. These include factory, etc., properties, locomotives, railway rolling stock, machinery, wool, small craft and miscellaneous materials. The sales of surpluses, including raw materials to date, amount to approximately £670,000,000, and the hon. and gallant Member will realise that having regard to the previous sales and the present state of trade the disposal of the surplus remaining at the present time is necessarily somewhat difficult. Every possible step is being taken to complete disposals.