HC Deb 25 March 1926 vol 193 c1402W
Mr. A. V. ALEXANDER

asked the President of the Board of Trade what are the outstanding liabilities of shipowners in respect of reparation vessels sold to them by the Government; what arrangement exists for the payment of these accounts; and what are the names of the firms involved?

Sir B. CHADWICK

The outstanding liabilities of shipowners in respect of reparation vessels purchased by them amount to £1,240,820, payable in annual instalments aggregating at present £235,000, plus interest. There are five shipping firms involved. It is not usual to publish particulars of transactions of this kind without the purchaser's permission.