§ 24. Mr. STEPHENasked the Chancellor of the Exchequer the total amount guaranteed under the Trade Facilities Act since its inception; the amount outstanding at present; and the amount of loss involved so far through the various transactions under the Act?
§ The FINANCIAL SECRETARY to the TREASURY (Mr. Ronald McNeill)The total amount guaranteed under the Trade Facilities Acts was £74,251,780 and the amount outstanding on 30th June, 1927 (including loans not yet completed) was £71,976,150. The total payments made by the Treasury in fulfilment of guarantees amount to date to £41,699, subject to any possible recoveries later.
§ Colonel DAYCan the right hon. Gentleman give the amount of the loans not yet completed to which he has just referred?
§ Mr. McNEILLNo, I could not do so off-hand.