HC Deb 27 November 1922 vol 159 cc304-5W

asked the Chancellor of the Exchequer what guarantees the Treasury have stated their willingness to give under the Trade Facilities Act, 1921, since the 30th June, when the last list was published?


The statement laid before the House on the 23rd instant (House of Commons Paper No. 3) shows those agreed to be given up to the 30th September last, and the following is a statement of those agreed to be given since that date:—

The Treasury has agreed since the 30th September to give guarantees in the following cases:—

£ £
Harland & Wolff, Limited 95,000
Newfoundland Products Corporation, Limited 2,000,000
Kassala Railway Company, Limited 1,500,000
Lanner Syndicate, Limited 25,000
London Electric Supply Corporation 650,000
Dolcoath Mine, Limited 50,000
Ipswich Dock Commission 125,000
Tata Power Company 850,000
Colliery Cottage Company, Limited 55,000
Oxford Electric Company, Limited 25,000
The total guarantees agreed to up to the 30th September were 18,188,645

£ £
Brought forward 23,563,645
Since that date the following applications have been reduced in amount:—
South Eastern & Chatham Railway Company, Limited, from £6,500,000 to £6,500,000, namely 1,000,000
Powell Duffryn Steam Coal Company, Limited, (Llantricant & Rhymncy Valley Housing Company, Limited) from £120,000 to £100,000,namely 20,000
and the application of the Guilford & Waldershare Colliery Company has been withdrawn, namely 300,000
making the total of the guarantees agreed to be given up to the present date £22,243,645