§ 3. Mr. W. Edwardsasked the Minister of Works the estimated cost of the extension of the Royal Mint; and when it is expected that work on the extension will commence.
§ Mr. MolsonThe present estimated cost of reconstructing the Royal Mint, including the cost of acquiring the adjoining extra land needed, is £1,025,000. Work is planned to start next year.
§ Mr. EdwardsIn view of the very large amount of money involved in this project in the East End of London, where housing land is so necessary, does the Minister consider that the Government ought to go forward with the scheme now, and acquire property and leave it derelict until next year?
§ Mr. MolsonWe are not leaving the property derelict at the present time. It really is essential that the Royal Mint should have space enough to modernise its equipment. It is one of the very few nationalised industries which is working at a profit. The present building was erected in 1811 and was enlarged in 1881. It is, therefore, time that we gave the Mint an opportunity to modernise and extend itself.
§ Mr. EdwardsEven if the property is not being left derelict, some of the property under the control of the right hon. Gentleman's Ministry at the moment—housing property—is unoccupied and nobody is allowed to occupy it.
§ Mr. MolsonIn that case, no harm is done to people through its being acquired in order to be used for the extension.
§ Mr. Anthony GreenwoodCan the Minister say whether the extension of the Mint has been made necessary by the Government's inflationary policy?
§ Mr. MolsonVery largely by the success of the export trade.
§ 4. Mr. W. Edwardsasked the Minister of Works what housing accommodation will be demolished as a result of the extension of the Royal Mint.
§ Mr. MolsonThe buildings to be demolished in reconstructing the Royal Mint and widening East Smithfield are mainly business premises and shops. 941 There is one dwelling house; and the remaining living accommodation comprises the upper floors of a public house and of a commercial building, and rooms over five shops.
§ Mr. EdwardsIs the right hon. Gentleman aware that, when he commences work on this scheme of extension, seven housing units will be taken away from the people of Stepney? In view of the fact that there are over 4,600 families on the waiting list in Stepney today, does not he think that it is outrageous that housing accommodation in Stepney should be taken by his Ministry for the purpose of extending the Royal Mint?
§ Mr. MolsonNo, Sir. This area was designated by the London County Council for the extension of the Royal Mint. It is a necessary Measure. I do not think that any hardship is being inflicted on anybody.