§ Captain R. TERRELLasked the Minister of Food the name of the British moat company from whom the Board of Trade leased the works in Argentina, the names of the directors and the terms and conditions upon which the works were leased?
§ Mr. BRIDGEMANI have been asked to reply. The Board of Trade in 1915 leased from the British and Argentine Meat Company, Limited, their Las Palmas works; the current contract is terminable at the end of the present year.
The directors of the company are:—
Sidney Young, O.B.E., Chairman.
Walter Blease.
Hon. A. P. Henderson.
William Higgins.
Colonel Woodbine Parish.
J. A. Wood.
The terms and conditions of the lease provide for a low rental and for remuneration to the company for management on profit-sharing terms, the Government getting the major share of the profits, and no remuneration being payable unless profit is earned.