§ 57. Sir HENRY CAUTLEY
asked the Chancellor of the Exchequer whether any and, if so, what loss has been incurred by the Treasury in respect of advances made to farmers under the Credit Act of 1923 for the purchase of their farms.
§ Mr. CHURCHILL
No loss has been incurred to date. My hon. Friend will realise that the experience gained so far is very limited, the advances being of very recent date and having in the majority of cases nearly 60 years to run.
§ Sir H. CAUTLEY
Would the Chancellor of the Exchequer hear in mind, in framing the terms of his new credit proposals in connection with the Government's agricultural policy, the unfailing honesty and punctual payments of farmers on all occasions.