Major BARNESasked the President of the Board of Trade what has been the total amount realised by the disposal of war assets by the Ministry of Food, the Wheat Commission, and the Sugar Commission; what the costs incurred on dispersal have been; what the net surplus is; and how it has been applied?
§ Mr. BALDWINAs the Chancellor of the Exchequer informed the House last Wednesday, the total amount realised by the disposal of foodstuffs since the Armistice is approximately£1,080,000,000. The administrative cost during the period of disposal was approximately£3,000,000. Any net surplus that emerges when the Trading Acounts of the Departments are completed will enure to the benefit of the Exchequer.