HC Deb 05 December 1922 vol 159 cc1571-2W
Mr. HANNON

asked the Chancellor of the Exchequer what is the average fall in prices of war assets realised during the current financial year, and what proportion of the estimated income from this source has been obtained?

Mr. BALDWIN

The surplus stores sold by the Disposal and Liquidation Commission number approximately 350,000 different articles in addition to factories, buildings, and land. My hon. Friend will realise the difficulty of giving an average for the fall in prices, but compared with the first half of 1920, the fall may be put at approximately 60 per cent., but it varied a good deal in different classes of articles. As regards the second portion of my hon. Friend's question, approximately 33⅓ per cent, of the estimated income for the financial year has already been obtained.