§ 18. Mr. HAMILTON KERRasked the President of the Board of Trade whether he will make a further statement to the House regarding the income and expenditure of the Empire Cotton Growing Corporation, and the average annual income and expenditure of the corporation for that period?
§ The PARLIAMENTARY SECRETARY to the BOARD of TRADE (Dr. Burgin)The particulars which I gave to the House on 19th May regarding the income and expenditure of the Empire Cotton Growing Corporation represented income and expenditure for a period of two calendar years, 1931 and 1932. During this period the corporation's average annual income from all sources amounted to about £73,000, of which some £63,000 came from investments, while the average annual expenditure was about £76,000.