HC Deb 24 March 1947 vol 435 cc150-1W
Mr. Sharp

asked the Minister of Supply what is the procedure whereby subsidies on iron ore freight charges are paid by his Department; whether such payments are made to the producers, the shipping companies, or to the railway companies; and what is the approximate subsidy per ton of iron ore which this payment represents.

Mr. Wilmot

The freight subsidy, which represents the difference between current freight rates and prewar rates, plus 50 per cent., is paid by the Ministry of Supply to ore importers and averages about 19s. per ton of ore imported.