HC Deb 27 March 1922 vol 152 c966W
Mr. MOSLEY

asked the. President of the Board of Trade whether any, and, if so, what sums are due to be repaid to the Board of Trade from the British-Italian Corporation in respect of the corporation's trading in 1920?

Mr. BALDWIN

No sums are due to be repaid to the Board of Trade by the British-Italian Corporation, since an arrangement has been concluded whereby the corporation has been relieved from any obligation to make repayments in respect of the subsidies received from the Government, in consideration of the corporation waiving the right to future subsidies amounting to £200,000.