§ Mr. DAYasked the President of the Board of Trade whether he has any information and can state the number of merchantmen that are foreign owned though still registered as British and flying the British flag?
§ Mr. W. R. SMITHAll British ships must be owned either by British subjects or by British companies. It is not possible to state how much foreign money is invested in British companies owning British ships, or how much British money is invested in foreign ships.