HC Deb 19 June 1922 vol 155 c830W
Sir A. HOLBROOK

asked the Secretary of State for War whether the Navy, Army and Air Force Institute is trading with money which was made as profits by Expeditionary Force canteens; if interest has been paid on this borrowed capital; and when the balance-sheet for the trading of the year 1921 will be issued?

Sir L. WORTHINGTON-EVANS

The balance of a loan by the Expeditionary Force Canteens to the Navy and Army Canteen Board is still in the hands of the Navy, Army and Air Force Institutes, but will be available for payment to the United Services Fund as soon as the general question of the disposal of profits arising from War canteen trading is finally settled. The settlement will cover also claims for interest. With regard to the last part of the question, it is hoped that this balance sheet can be completed before the end of the summer.

Back to