Skip to main content

Navy, Army And Air Force Instttutes

Volume 155: debated on Monday 19 June 1922

The text on this page has been created from Hansard archive content, it may contain typographical errors.

asked the Secretary of State for War whether the Navy, Army and Air Force Institute is trading with money which was made as profits by Expeditionary Force canteens; if interest has been paid on this borrowed capital; and when the balance-sheet for the trading of the year 1921 will be issued?

The balance of a loan by the Expeditionary Force Canteens to the Navy and Army Canteen Board is still in the hands of the Navy, Army and Air Force Institutes, but will be available for payment to the United Services Fund as soon as the general question of the disposal of profits arising from War canteen trading is finally settled. The settlement will cover also claims for interest. With regard to the last part of the question, it is hoped that this balance sheet can be completed before the end of the summer.