§ Mr. WIGGINSasked the Chancellor of the Exchequer if he will give, by financial years, the expenditure from public funds falling under the description of subsidies and bounties to industry from 1st April, 1924, to 31st March, 1928?
Mr. SAMUELThe following table sets out by financial years the expenditure from public funds falling under the description of subsidies and bounties to industry from the 1st April, 1924, to the 31st March, 1928.
the years 1925, 1920 and 1927, and the cost thereof?
Mr. SAMUELThe following Table for the three calendar years ended 31st December, 1927, gives the information required:
and whether the loss upon replacement is borne by the countries named or by the British taxpayer?
Mr. SAMUELBritish gold coin has circulated in certain South American and Eastern countries as well as in some parts of the Empire, but no exact information 1335W is obtainable as to the extent to which it still does so. During the last 10 years the Vote for the Royal Mint has borne the cost of rehabilitating upwards of £5,000,000 in sovereigns and half-sovereigns. The greater part of this amount was received through the medium of the Bank of England, the remainder being received and dealt with at authorised branches of the Royal Mint in Australia and South Africa. The loss due to wear on any British gold coin during any period in which it may have been in circulation in a foreign country is of necessity included in the cost of rehabilitation borne by the Royal Mint 1336W should such coin ultimately be presented to it for recoinage.