§ 53. Mr. MOLTENO
asked the Secretary for Scotland whether loans to existing 1120 landholders under Section 9 of the Small Landholders Act are now being granted to all classes of small holders and not restricted to those which fall under Section 7 (7) of the Act?
§ The SECRETARY for SCOTLAND (Mr. Tennant)
Owing to the high cost of building and the scarcity of labour, the consideration of fresh applications under Section 9 is being deferred for the present. In respect of applications pending when this decision was arrived at, loans are still being entertained under Section 9, and a number of such loans have recently been sanctioned.
§ Sir G. YOUNGER
Can the right hon. Gentleman say what interest is being charged at the present time?
§ Mr. MOLTENO
Is it not for the applicant to consider the cost of buildings, and not for the Scottish Office?
§ Mr. TENNANT
I do not know that that is so. I think it is incumbent upon the Department not to embark upon a policy by which the person, so far from being benefited, might possibly be ruined.