§ 22. Mr. DUCKWORTHasked the Minister of Labour the amount of subsidy paid to each of the sugar beet factories in respect of sugar and molasses, respectively, in each financial year since the subsidy was introduced; the factories expected to operate this season, but not having operated before; and the aggregate capitalisation to date of all the subsidised sugar beet companies and the individual guarantees toward cost of building under the Trade Facilities Act?
§ The MINISTER of AGRICULTURE (Mr. Guinness)I have been asked to reply and propose, with the hon. Member's permission, to circulate in the OFFICIAL REPORT four statements giving the desired information.
§ Following are the statements:
1067| STATEMENT No. 2. |
| The new beet sugar factories, which have not operated before, are as follows:— |
| Spalding. |
| Peterborough. |
| Cupar (Fife). |
| Poppleton (York). |
| Felstead (Essex). |
§ With the exception of Cupar, all these factories are now operating, and Cupar is expected to start very soon.
| STATEMENT No. 3. | |||||
| Statement showing the capitalisation of Beet Sugar Factory Companies. | |||||
| Factory | Capital. | ||||
| Company | Issued Shares. | Debentures (including Trade Facilities guarantees—see Statement No. 4). | Total | ||
| £ | £ | ||||
| 1. | English Beet Sugar Corporation, Ltd. | Cantley | 540,507 | — | 450,507 |
| 2. | Home Grown Sugar, Ltd. | Kelbam | 125,000 | 196,982 | 321,982 |
| 3. | Ely Beet Sugar Factory, Ltd. | Ely | 250,000 | 100,000 | 350,000 |
| 4. | Ipswich Beet Sugar Factory, Ltd. | Ipswich | 250,000 | 100,000 | 350,000 |
| 5. | Anglo-Scottish Beet Sugar Corporation, Ltd. | Colwick | 425,000 | 690,000 | 1,115,000 |
| Spalding | |||||
| 6. | West Midland Sugar Company, Ltd. | Kidderminster | 180,000 | 150,000 | 330,000 |
| 7. | Second Anglo-Scottish Beet Sugar Corporation, Ltd. | Poppleton (York) | 250,000 | 865,000 | 1,115,000 |
| Felstead | |||||
| Cupar | |||||
| 8. | British Sugar Manufacturers, Ltd. | Wissington | 350,000 | 250,000 | 600,000 |
| 9. | United Sugar Co., Ltd. | Bury St. Edmunds | 300,000 | — | 300,000 |
| 10. | Central Sugar Co., Ltd. | Peterborough | 175,000 | 175,000 | 350,000 |
| 11. | Orchard Sugar Co., Ltd. | Greenock | 170,000 | *80,000 | 250,000 |
| 2,925,507 | 2,606,982 | 5,532,489 | |||
| * An additional guarantee of £100,000 has been granted by Trade Facilities Act Advisory Committee, but this has not yet been taken up. |
| STATEMENT 4. | ||||
| Statement showing the amount of individual guarantees made to date under the Trade Facilities Act to Beet Sugar Factory Companies. | ||||
| Name of Company. | Factories. | Guarantees given. | Loans taken up. | |
| £ | £ | |||
| Anglo-Scottish Beet Sugar Corporation, Ltd. | Colwick | … | 610,000 | 610,000 |
| Spalding | … | |||
| Second Anglo-Scottish Beet Sugar Corporation, Ltd. | Poppleton (York) | … | 865,000 | 865,000 |
| Cupar | … | |||
| Felstead | … | |||
| West Midland Sugar Co., Ltd. | Kidderminster | … | 150,000 | 150,000 |
| Orchard Sugar Co., Ltd. | Greenock | … | 180,000 | 80,000 |
| Central Sugar Co., Ltd. | Peterborough | … | 185,000 | 175,000 |
| Total | … | 1,990,000 | 1,880,000 |