69 and 70. Captain CROOKSHANKasked the Parliamentary Secretary to the Overseas Trade Department (1) in how many cases in 1925 the Export Credit Department gave credits for firms dealing with Poland; what was the amount of credit involved; how many applications were refused; and in how many cases, if any, was there any loss to the Department;
(2) In how many cases in 1925 the Export Credit Department gave credits for firms dealing with the kingdom of the Serbs, Croats, and Slovenes; what was the amount of the credit involved; how many applications were refused; and in how many cases, if any, was there any loss to the Department?
Mr. SAMUELIn 1925 the Export Credits Department gave credit for 44 transactions with Poland and 18 with Yugo-Slavia, involving in all £240,639 in the one case and £107,573 in the other. Twenty-nine applications were refused for Poland and seven for Yugo-Slavia. The Department has had to make payment on 26 its guarantees in three cases for Poland and in one for Yugo-Slavia. Negotiations are in progress in every case with a view to securing repayment, and there is no reason to anticipate the loss of any appreciable sum.
§ Sir F. WISEWill repayment be in pounds sterling?
§ Mr. N. MACLEANWhy not in Polish pounds?