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Cunard Steamship Company

Volume 65: debated on Tuesday 28 July 1914

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asked the Secretary to the Treasury what is the amount outstanding of the Government loan to the Cunard Steamship Company; and if such loan is being reduced as the ships for the construction of which it was advanced grow older?

The loan is being repaid, as provided in clause 10 of the Cunard agreement, by annual instalments of one-twentieth of the total amount. The amount outstanding is now £1,820,000.