HC Deb 30 June 1930 vol 240 cc1594-6
38. Mr. ALBERY

asked the Secretary to the Overseas Trade Department whether export credit facilities will be made available for the purchase of aeroplane engines on behalf of the Soviet trade commissar?

Mr. GILLETT

The Advisory Committee to the Export Credits Guarantee Department will consider on their merits any applications made to them by exporters in this country provided that they fall within the scope of the scheme.

Mr. ALBERY

Has the hon. Gentleman any information concerning a special commission in this country for aeroplane engines?

Mr. GILLETT

Perhaps the hon. Gentleman will put down that question.

Mr. CHARLES WILLIAMS

Would aeroplane engines fall within the scope of the scheme?

Mr. GILLETT

As the hon. Member is aware, anything that may be used for military purposes, always has to be very carefully considered.

35 and 36. Mr. DOUGLAS HACKING

asked the Secretary to the Overseas Trade Department (1) the number and total face value of the contracts definitely concluded between his Department and exporters in Great Britain in respect of exports to countries, other than Russia, under the Exports Credits Scheme during March, April, and May, respectively, and the share of the risk which the Government have accepted under these contracts;

(2) the number and total face value of the contracts definitely concluded between his Department and exporters in Great Britain in respect of exports to Russia under the Exports Credits Scheme during March, April and May, respectively; and the share of the risk which the Government have accepted under these contracts?

Mr. GILLETT

With the right hon. Gentleman's permission, I will circulate in the OFFICIAL REPORT the figures for which he asks.

Following are the figures:

The number and face value of contracts entered into under the Exports Credits Guarantee Scheme in respect of exports to countries other than Russia, during March, April and May, 1930, respectively, together with His Majesty's Government's liability thereon are as follow:

— Number of Contracts. Face Value. H.M. Government's Liability.
1930. £ £
March … 180 414,503 274,700
April … 142 285,722 175,471
May … 227 247,900 147,928
549 948,125 598,099

The number and face value of contracts entered into under the Exports Credits Guarantee Scheme in respect of exports to Russia, during March, April and May, 1930, respectively, together with His Majesty's Government's liability thereon are as follow:

— Number of contracts. Face Value. H.M. Government's Liability.
1930. £ £
March … 29 585,277 351,166
April … 20 558,979 335,387
May … 26 358,615 215,319
75 1,502,871 901,872