LIEUT.-COLONEL PRYCE JONES (Montgomery Boroughs)I beg to ask 277 the President of the Board of Trade whether he can state how much of the £250,000 voted by Parliament under the Light Railways Act, 1896, for free advances remains still available for that purpose, and also how much of the £750,000 voted for loans under the same Act remains.
§ THE PRESIDENT OF THE BOARD OF TRADE (Mr. GERALD BALFOUR, Leeds, Central)The Treasury have conditionally agreed to special advances under Section 5 of the Light Railways Act amounting to £197,250, of which £181,750 is by way of free grant and £15,500 by way of loan. There remains therefore a sum of £52,750 available for special advances under that section. No loans have been granted under Section 4 of the Act, and the whole of the sum of £750,000 referred to by my hon. friend remains unappropriated.