HC Deb 20 November 1950 vol 481 cc5-6
5. Dr. Barnett Stross

asked the Minister of Fuel and Power what was the total sum of capital investment in the mines in 1949; and how much is proposed for the years 1950, 1951 and 1952.

Mr. P. Noel-Baker

The National Coal Board's investment in their mines in 1949 is shown in Schedule 1 (b) of their published Accounts for that year. Investment in 1950 will be about the same as last year. The sums to be allocated for colliery investment in 1951 and 1952 will, in the normal course of events, be published in the Economic Surveys which the Government issues every year.

Dr. Stross

Is my right hon. Friend aware that the published figures for 1949 and those proposed for 1950 are only about 21 per cent. of the total investment in industry for the country as a whole? Is that—

Mr. Speaker

That is another question. It has nothing to do with this Question.

Sir Herbert Williams

Will the right hon. Gentleman tell us how much is proposed for this year, instead of referring to a document which is not immediately available.

Mr. Noel-Baker

I was asked how much was spent in 1949.

Sir H. Williams

How much is the proposed expenditure for 1950?

Mr. Noel-Baker

Thirty-three million pounds.