§ 65. Sir W. de FRECEasked the Financial Secretary to the Treasury the amount which the Treasury has guaranteed to date under the Trade Facilities Act and the amount which must be regarded as definitely irrecoverable?
Mr. SAMUELThe total amount guaranteed under the Trade Facilities Acts at the expiration of the Acts on 31st March, 1927, was £74,251,780.
§ The amount in respect of which guarantees are still outstanding is £67,969,423.
§ The Treasury has paid so far in fulfilment of these guarantees a net sum of
| £ | |||
| Principal | … | … | 287,755 |
| Interest | … | … | 51,664 |
| making a total of | … | … | £339,419 |
§ Of this amount £125,146 is definitely irrecoverable.