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Mr. HACKING
asked the Secretary to the Overseas Trade Department the number and total face value of the con- tracts definitely concluded between his Department and exporters in Great Britain in respect of exports to Russia under the Export Credits Scheme during each month since the decision was taken to extend these facilities to exporters from this country to Russia; and the share of the risk which the Government have accepted under these contracts?
Mr. GILLETT
The number and face value of contracts entered into under the Exports Credits Guarantee Scheme in respect of exports to Russia since 1st August, 1929, together with His Majesty's Government's liability thereon are as follow:
| — | Number of Contracts. | Face value. | H. M. Government's Liability. |
| 1929. | £ | £ | |
| August | Nil. | Nil. | Nil. |
| September | 3 | 6,270 | 3,762 |
| October | 3 | 130,000 | 78,000 |
| November | 12 | 130,748 | 78,599 |
| December. | 7 | 120,411 | 72,247 |
| 1930. | |||
| January | 13 | 194,568 | 116,741 |
| February. | 16 | 137,373 | 82,424 |
| 54 | 719,370 | 431,773 |