§ Mr. CLARRYasked the Secretary to the Overseas Trade Department the total number of applications relating to trade with Russia under the Export Credits Acts, the total number of applications granted, and the amount of credit involved for the years 1926 to 1931, inclusive?
§ Major COLVILLEAs many inquiries, which may or may not crystallise into definite proposals, are discussed with the Export Credits Guarantee Department, and as many inquiries and proposals relate to the same business, it is impossible to give any reliable figures as to the number of applications received and granted. The only reliable figures available relate to contracts definitely concluded between the Department and exporters. The total amount of such contracts concluded in respect of exports to Russia from 1st August, 1929 (when that country was first included in the scope of the scheme), to 31st October last was £12,770,242.