HC Deb 22 July 1929 vol 230 c927W
Mr. KELLY

asked the Chancellor of the Exchequer what subsidies are made to the Royal Mail Steamship Company; and what amount has been raised by this company or its subsidiaries under Government guarantee?

Mr. P. SNOWDEN

No subsidies are paid to the Royal Mail Steam Packet Company. Guarantees were given under the Trade Facilities Acts on loans of £950,569 and £185,317 (the latter of which has been repaid) to the Royal Mail Steam Packet Meat Transports, Limited, and of £325,000 to Messrs. MacAndrews and Company, Limited.