§ Sir E. NICHOLLasked the Chancellor of the Exchequer if he will say how much of the expenditure provided in the present Budget is in respect of liabilities, due to the War, incurred in earlier years; and how much of the expenditure of the present year consists of temporary advances, recoverable loans, and purchase of materials for re-sale?
Mr. CHAMBERLAINI am not sure what my hon. and gallant Friend means by "liabilities due to the War, incurred in earlier years." The follow 1911W ing statement shows the main items included in the estimated expenditure for 1920–21, which may be classed as temporary expenditure arising out of the War, divided under the two heads of
I. Expenditure recoverable in whole or in part. £ Land settlement loans … … … … 12,000,000 Loans to Allies and for relief … … … … 36,000,000 Armies of occupation … … … … 5,000,000 Coal advances … … … … 2,000,000 Export credit … … … … 1,200,000 Housing materials (Scotland) … … … … 1,200,000 Nickel Dyes, etc. … … … … 1,200,000 £72,400,000
II. Expenditure not recoverable. £ Army—Terminal and other War charges … … 65,000,000 Air Force—Terminal charges … … 6,000,000 Navy—Terminal charges … … 19,000,000 Munitions— Liquidation of war contracts … … 17,000,000 Disposals Board and other expenses … … 10,000,000 Shipping … … 16,000,000 Bread subsidy … … 45,000,000 Railways, canals, etc … … 25,500,000 Ex-soldiers— Training, education, and resettlement … … 21,000,000 Out-of-Work Donation … … 5,500,000 Housing (£150 grant) … … 11,500,000 Food Ministry … … 1,200,000 Treasury Securities Deposit Scheme … … 1,600,000 £244,300,000 Total … … … £316,700,000