HC Deb 16 March 1916 vol 80 c2285W
Mr. W. THORNE

asked the President of the Board of Trade whether he is aware that the China Mutual Steam Navigation Company, usually known as the Holt Line, made a profit in 1915 of £591,005, and that the dividend and bonus on the ordinary shares of the company amounted to 106 per cent.; if he will state what amount this company will pay in taxation in respect to last year's trading; and if he is aware of the dissatisfaction felt by the working classes at the profits made by tonnage owners because of high charges for freightage and the high cost of living?

Mr. McKENNA

I have been asked by my right hon. Friend to answer this question. I have no special knowledge of the company to which my hon. Friend refers, and, as he will readily understand, it is not possible for me to discuss the details of the taxes paid by particular taxpayers.