§ 4. Mr. Nabarro
asked the Minister of Power what estimate he has made of the financial results of the National Coal Board during six months ended 30th June, 1960, and of the cumulative loss forward at 1st July, 1960, including the loss of £51 million at 1st January, 1960
§ Mr. Nabarro
That is not much good to me. Is it not the fact that the rate of loss of the National Coal Board for the first six months of this year is approximately the same as the rate of loss for last year, which in the whole of 1959 was £22 million? As this is becoming a direct charge on taxpayers, will not my right hon. Friend be a little more forthcoming as to how a possible deficit at the end of 1960 of £75 million, which is what it will undoubtedly be, can be dealt with?
§ Mr. J. Griffiths
Will the Minister publish in the OFFICIAL REPORT at an early date a statement of the burdens which have now to be borne by the National Coal Board—
§ Mr. Griffiths
The hon. Gentleman is another. One example is that the Board bears the cost of subsidence, which was never met by the old coal owners. There are other burdens of that nature. If the right hon. Gentleman follows my suggestion, the nation can clearly see the elements which go to make up these losses.