§ Mr. T. WILLIAMSasked the Secretary for Mines the annual aggregate profits. made in all the coal mines in Great Britain for the past 10 years; the estimated profit per ton raised during the same period; the amount of fresh capital invested for development work yearly; and the total amount of capital invested at the present time?
§ Lieut.-Colonel LANE-FOX:The following are the statistics for which the hon. Member asks:
Bank interest has been deducted, but not debenture and other annual interest.
(4) The figures of profits ignore charges for Excess Profits Duty, Income Tax and other taxation, and take no account of the payments to or by owners under the Coal Mines Control Agreement (Confirmation) Act, 1918, and the Coal Mines (Emergency) Acts, 1920 and 1921.