§ Mr. FELLasked the Secretary to the Treasury what is the amount outstanding of the Government loan to the Cunard Steamship Company; and if such loan is being reduced as the ships for the construction of which it was advanced grow older?
§ Mr. MONTAGUThe loan is being repaid, as provided in clause 10 of the Cunard agreement, by annual instalments of one-twentieth of the total amount. The amount outstanding is now £1,820,000.