HC Deb 12 July 1932 vol 268 cc1103-4
36. Mr. T. WILLIAMS

asked the Home Secretary if he can state how much capital has been borrowed by the Betting Control Board during the first six months of 1932 for capital expenditure; the source of such loan or loans and the rate of interest charged; and can he state who is guarantor for these loans?

Mr. STANLEY

I have no information which would enable me to answer this question.

Mr. WILLIAMS

Is the hon. Gentleman aware that there is a good deal of dissatisfaction with the form in which the accounts are presented to this House, and will he represent to the Betting Control Board that such information as is sought in this question should be provided when the next balance-sheet is prepared?

Mr. STANLEY

No, Sir. When the Estimates were debated I stated the reasons why we thought that some of the questions now asked are not such as would be required from any company and therefore we could not require them from the Betting Control Board.

Mr. WILLIAMS

Is the hon. Gentleman aware that the accounts presented to Parliament are useless and futile unless such particulars are made available?

Mr. STANLEY

No, Sir; I think that those who are accustomed to read balance-sheets have given to them all the information which one can find in any company's balance-sheet.

Forward to