§ 29. Sir FREDRIC WISE
asked the Chancellor of the Exchequer if there have been any defaults on account of the agricultural credits advanced by the Public Works Loan Board; and what is the amount advanced?
§ The CHANCELLOR of the EXCHEQUER (Mr. Churchill)
On the 31st March last instalments of loans were in arrear to the extent of £6,933 of which £5,961 represented interest. The total advances actually made to date are about £4,200,000 but loans granted and under consideration will raise this total to about £5,000,000.