§ 49. Lady NOEL-BUXTONasked the Minister of Agriculture whether he will make a statement showing the extent to which use is being made of the credit facilities afforded by the Agricultural Mortgage Corporation to improve the permanent equipment of farm holdings?
§ Dr. ADDISONUp to and including Tuesday, 24th February, 1931, the Agricultural Mortgage Corporation had granted 43 loans amounting to £18,503 unde the Improvement of Land Acts (England and Wales). In addition to the above, the corporation have granted 2,302 loans amounting to £6,837,000 on mortgages. I am unable to say what part of this sum has been used by the borrowers to improve the permanent equipment of their holdings.