§ Major M'KENZIE WOOD
asked the Secretary for Scotland how many barrels of herrings were received from curers under the guarantee given by the Government for the Scottish East Coast summer 510W fishing; how many of these barrels have been disposed of and in what way; and how much, if any, profit or loss has been made by the Government as the result of this guarantee?
§ Mr. MUNRO
The quantity taken over under the guarantee, which was for 400,000 barrels, amounts only to a few thousand barrels. In addition, however, the Fishery Board have agreed with the sanction of the Treasury to purchase bills arising on a contract by private traders for the sale to Germany of 250,000 barrels. Under this agreement the Fishery Board will pay to the curers the same amount as would have been payable under the guarantee for the same quantity of herrings. The Fishery Board have no reason to anticipate that on payment of the bills there will be any loss of any kind on their transactions.