HC Deb 16 May 1927 vol 206 cc917-8
66. Sir F. WISE

asked the Chancellor of the Exchequer if he can give the percentages of the total amount of the guarantee of the various important trades of the £75,000,000 guaranteed under the Trade Facilities Act?


I will circulate the statement asked for in the form of a table in the OFFICIAL REPORT. But my hon. Friend will bear in mind that the advantages given by the Trade Facilities guarantees accrued as much or more to the manufacturers of the capital equipment supplied as to the trades which raised the guaranteed loan.

The percentages are as follow:

Trade. Amount of Guarantee. £ Percentage of Total.
Shipbuilding 21,640,585 29.1
Railways Construction and Equipment:
Electrical 12,583,000 17.0
Other 6,230,000 8.4
Hydro Electric 7,000,000 9.5
Other (Generation, Distribution and Traction) 8,004,600 10.8
Coal Mining 4,291,000 5.8
Paper and Pulp Manufacture 2,535,000 3.4
Dock Extensions, Quays and additional Harbour Facilities 3,375,345 4.5
Sugar Beet Factories 2,420,000 3.2
Chemical Works 2,000,000 2.7
Iron, Steel and Engineering 1,161,050 1.6
Miscellaneous 3,011,200 4.0
74,251,780 100

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