HC Deb 30 June 1930 vol 240 cc1614-5W
Mr. DAY

asked the Secretary to the Overseas Trade Department the amount to date that his Department has been called upon to pay under its guarantee of bills drawn upon importers under the present scheme of the Export Credits and Guarantee Department; and the amount of this sum which has been recovered from the importers concerned and the nationality of the importers?

Mr. GILLETT

Under the Export Credits Guarantee Scheme payments on dishonoured bills up to the end of March last amounted to approximately £122,000, of which £23,000 had been recovered up to that date. Further recoveries are anticipated. The acceptors of the dishonoured bills were domiciled in upwards of 40 different countries.