HC Deb 19 March 1917 vol 91 c1558W
Mr. W. THORNE

asked the Chancellor of the Exchequer if he is aware that the estimated net profits for British shipping for 1913 were £20,000,000, which was 10.½ per cent. on capital investment; if he is aware that the net profits for 1916 were £135,000,000 and 67½ per cent. on invested capital, which is an increase over and above 1913 of 543 per cent.; and if he will, when preparing his next Budget statement, consider the advisability of taking all the excess profits earned over and above the 1914–15 profits earned?

Mr. BONAR LAW

I would refer the hon. Member to the reply that I gave to the hon. Member for Sunderland on the 16th March.