§ 51. Mr. Longdenasked the Chancellor of the Exchequer if he will give the items of subsidy to private industry and agriculture, respectively, for the current financial year.
§ Sir S. CrippsI will, with permission, circulate a list in the OFFICIAL REPORT.
§ Mr. LongdenCan the Chancellor say whether the figures he gives show that private enterprise depends upon the "dole" more than ever?
§ Sir S. CrippsThat is a matter of opinion.
§ Following is the list:
| SUBSIDIES TO PRIVATE INDUSTRY 1947–1948 | |
| £ | |
| Iron and steel | 7,500,000 |
| Ferro-chrome | 100,000 |
| Magnesium | 250,000 |
| Aluminium | 750,000 |
| Watch-making and jewel manufacturing | 320,000 |
| Cotton spinning | 1,500,000 |
| Coal stocking | 350,000 |
| Fuel oils and kerosene | 25,000 |
| Coastal shipping | 710,000 |
| Agriculture | 17,231,000 |
| Herring industry | 98,000 |
§ Note.—The above list shows the amounts included in the Estimates which have been voted by Parliament in the current year, and any included in Supplementary Estimates recently presented, for subsidies to particular industries, excluding ones which have been discontinued since the Estimates were approved. It does not include expenditure provided under general policies such as housing, social services, the training, resettlement and transference of labour, distribution of industry, cost-of-living or research.