§ 38. Mr. HACKINGasked the Secretary to the Overseas Trade Department the amount of Russian business insured in policies signed under the exports credits scheme in December, 1929, and £120,411 and £194,568, respectively?
§ Mr. GILLETTContracts entered into under the export credits guarantee scheme during December, 1929, and January, 1930, in respect of exports to Russia covered goods to the value of £120,411 and £194,568, respectively?
§ Mr. HACKINGIs the hon. Gentleman satisfied with that increase?
§ Mr. A. M. SAMUELWere any applications refused, or were they all aceepted?
§ Mr. GILLETTI am afraid I must ask for notice of that question.
§ Mr. C. WILLIAMSWhy is the amount so small?
§ Mr. GILLETTAlthough I asked for notice of the hon. Member's question, it is quite likely that a certain amount has probably been refused because they wanted a longer term than we can give them.
§ 40. Sir W. DAVISONasked the Secretary to the Overseas Trade Department what is the total liability incurred by the British Government in respect of guarantees to exporters in this country to Soviet Russia?
§ Mr. GILLETTUp to the 8th February the Export Credits Guarantee Department had entered into contracts in respect of exports to Russia on which their maximum possible liability amounted to £364,442.
§ Mr. MILLSCan the Secretary to the Overseas Trade Department tell us how that corresponds with the unemployment benefit paid in the engineering industry in the Dartford Division of Kent for one month?
§ Colonel HOWARD-BURYCan the hon. Member say why since the Russians have already, by their exports to this country, got a large credit in this country, they cannot make use of that credit in purchasing what they need?
§ Mr. SPEAKERThat is a matter for argument.