HC Deb 10 May 1922 vol 153 c2216W

asked the Financial Secretary to the Treasury whether the Disposal Board has recently entered into a contract for the sale of textile goods; and, if so, whether he will give details of the contract; with whom it is made; and the amount of goods and money involved?


A contract was entered into by the Disposal Board with Textile Surplus, Limited, in September last, under which the company acquired, for approximately £3.000,000, the entire stock of textiles in the hands of the Board for sale. The contract also provides for the transfer to the purchasing company, at prices to be fixed by agreement, or, failing agreement, by arbitration, of any additional stocks of similar articles which the Board may have for disposal prior to the 31st March, 1923.

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