§ 36. Mr. ALBERY
asked the President of the Board of Trade whether he can now state what proportion of the Cunard insurance construction risk has been placed in the insurance market?
§ Mr. W. R. SMITH
No, Sir. I understand that steps are now being taken by the builders to place the construction risk insurance on the market, but the result is not yet known.
§ Mr. ALBERY
Is the hon. Gentleman aware that it has always been the custom to place construction risks before the keel is laid down, and why is it that in the present case, this risk has not been covered weeks after the keel has been laid down?