HC Deb 07 July 1913 vol 55 cc29-30
52. Mr. C. BATHURST

asked if the Development Commissioners propose to retain the £2,000,000, being part of the Development Fund now invested in their names as a capital fund of which the income alone will be applicable for the purposes of Part I. of the Development and Road Improvement Funds Act, 1909, or whether this sum will be distributed in Grants like the rest of the fund?

Mr. MASTERMAN

The answer to the first part of the question is in the negative.

53. Mr. C. BATHURST

asked whether it is proposed to take steps by legislation or otherwise, to continue contributions from the Treasury into the Development Fund after the end of the current financial year, or whether the work of the Development Commissioners will cease when the funds now in their hands are exhausted as the result of Grants made in the early future?

Mr. MASTERMAN

The question can only be determined when the contingency arises.