§ Mr. LOUGHasked the President of the Board of Trade whether he is aware that the liquidator of the Thames Ironworks paid £260,000 into Court in January last, which was then invested in Consols by the order of the Court, and that the Court recently issued instructions to the receiver to pay off 75 per cent. of the amount due to the first mortgage holder; and whether he will see that this proportion at least is paid, having regard to the time during which this liquidation is being carried on?
§ Mr. RUNCIMANThe Thames Ironworks Shipbuilding and Engineering Company, Limited, is not in liquidation. A receiver on behalf of the debenture holders was appointed by the Court on the 17th November, 1911, and his administration is under the control of the Court, and not of the Board of Trade. The Board have no information as to the progress of the receivership.