HC Deb 10 December 1928 vol 223 cc1679-80
28. Mr. DAY

asked the Secretary to the Overseas Trade Department the amount that his Department has had to pay under its guarantee of bills drawn upon importers under the present export credits scheme?

Mr. DOUGLAS HACKING (Secretary, Overseas Trade Department)

Under the present Scheme the Export Credits Guarantee Department has paid £29,083 under its guarantee up to the 1st December. I may add that of this sum £7,566 has already been recovered from the importers concerned and that considerable further recoveries are anticipated.

Mr. DAY

Can the hon. Gentleman say the nationality of the importers?

Mr. HACKING

I cannot, without notice.

Mr. DAY

If I put a question down, will the hon. Gentleman answer it?

Mr. HACKING

I will do my best, but I cannot promise.

Mr. MONTAGUE

It was not Russian, was it?