§ Sir C. HENRYasked the Food Controller to what extent, if any, the amount of the bread subsidy is reimbursed by the profit made on the supply of wheat and other cereals?
§ Mr. McCURDYThe amount of the bread subsidy represents the net loss incurred by the Government in the purchase, and sale below cost to millers of wheat, flour, and other cereals for use in bread, and in addition the cost incurred by the Government on working the flour mills. The bread subsidy is not reimbursed by any profits accruing from the sale of cereals for purposes other than the loaf.