HC Deb 18 July 1922 vol 156 c1931W
Mr. GOULD

asked the President of the Board of Trade if his attention has been called to the stagnation of the lime industry, and if he is aware that the supply far exceeds the demand; if his attention has been drawn to the granting of a guarantee of £50,000 under the Trade Facilities Act to the Leckhampton Quarries, Limited, Cheltenham, for the purpose of erecting lime kilns; and whether, in view of the general conditions in the industry, he will reconsider this guarantee, which would tend further to aggravate the already serious position in the industry?

Sir J. BAIRD

As has been repeatedly explained, guarantees under the Trade Facilities Act are given on the advice of an expert business committee, and I am not prepared to dispute their recommendations. The statements in the hon. Member's question are not borne out by the committee's inquiries.