25. Sir J. D. REESasked the President of the Board of Trade whether any, and, if so, what assistance is being given by the Government to the establishment of a beet sugar factory at Kelham?
The PARLIAMENTARY SECRETARY to the BOARD of AGRICULTURE (Sir Arthur Boscawen)The Government have decided in principle to give assistance to the British Sugar Beet Growers' Society for the purpose mentioned, by means of an advance of part of the capital required, and a guarantee of interest for a certain number of years on the remainder of the capital, up to a fixed amount. The exact terms and conditions of the assistance to be given are now under consideration.