HC Deb 09 December 1953 vol 521 c1955
18. Mr. F. Willey

asked the Minister of Food the total cost of the stocks of cereals upon the disposal of which, during 1953–54, he estimates making a loss of £19,500,000; and what percentage loss does this represent.

Major Lloyd George

The estimated loss of £19.5 million relates, in the main, to stocks as yet unsold, and it would be contrary to the public interest to disclose their cost.

Mr. Willey

How would it be contrary to public interests? The Minister has disclosed what his loss is going to be. Would it not be comforting to the public to know what percentage loss it is?

Major Lloyd George

The hon. Gentleman knows as well as I do that it would not be in the public interest to disclose anything which might reveal what stocks are held.