§ 29. Sir ROBERT HAMILTONasked the Secretary for Scotland what proportion of the £2,750,000 agreed to be lent by the Public Works Commissioners 276 for land settlement in Scotland had been expended; and the amount of funds, either under the Land Settlement Act or otherwise, remaining within the control or at the call of the Board of Agriculture for land settlement purposes?
§ The SECRETARY for SCOTLAND (Sir John Gilmour)Under the provisions of the Land Settlement (Facilities) Acts, 1919 and 1921, the Board of Agriculture have borrowed from the Public Works Loan Commissioners a sum of £2,158,185 of which approximately £2,078,500 had been expended at 31st March last. The funds available for expenditure on Land Settlement schemes after that date consist of a balance of borrowed monies amounting approximately to £79,500, together with an annual provision within the limits of the Agriculture (Scotland) Fund amounting in the current financial year to £175,000.