Zinc Concentrates (Australia).

Oral Answers to Questions — Inter-Allied Debts. – in the House of Commons on 12th December 1922.

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Photo of Mr Levi Collison Mr Levi Collison , Penrith and Cockermouth

58.

asked the Chancellor of the Exchequer whether we have sustained a loss through our Australian contracts of zinc concentrates; and, if so, what amount was shown in the trading results of the last financial year?

Photo of Viscount  Wolmer Viscount Wolmer , Aldershot

I anticipate, in view of the recent considerable improvement in the market price of spelter, that it will be found that no appreciable loss has so far resulted through the operations of the Australian zinc concentrates contract. The accounts of the trading of the last financial year will be laid before Parliament in due course.

Photo of Mr James Wignall Mr James Wignall , Forest of Dean

Has any attempt been made to terminate the contracts, as promised in the Debate last year?

Photo of Viscount  Wolmer Viscount Wolmer , Aldershot

I do not think that a promise of that sort was given.