§ Mr. DUCKWORTHasked the Financial Secretary to the Treasury the present total amount of the Exchequer liability in respect of loans guaranteed under the Trade Facilities Acts; the total amount guaranteed since the passing of the Trade Facilities Acts; and the loss to date?
Mr. SAMUELThe present total amount of the Exchequer liability in respect of loans guaranteed under the Trade Facilities Acts is £66,714,241. The total amount guaranteed at the expiration of the Acts on 31st March, 1927, was £74,251,780. The Treasury has so far paid in fulfilment of these guarantees a net sum of £287,755 principal and £52,989 interest making a total of £340,744, of which some part may be recoverable.