HC Deb 23 September 1931 vol 256 cc1629-30
26. Mr. BROCKWAY

asked the Secretary of State for the Colonies whether it is still proposed to ask Parliament to guarantee a loan of £2,500,000 for the relief of agriculture in Palestine; and, if so, who will administer the scheme which the loan is intended to facilitate?

Mr. THOMAS

The projected loan is for development purposes, the details of which are under investigation. The question of asking Parliament to authorise His Majesty's Government to guarantee such a loan does not arise for the moment, hut will be further considered in due course in the light of the general financial situation. The scheme if and when approved by His Majesty's Government would be administered by the Director of Development in Palestine.

Colonel WEDGWOOD

Is the right hon. Gentleman aware that a large part of the money involved in this scheme is for the purchase of land in Palestine from Arab owners?

Mr. THOMAS

I have said that all these questions will be raised at the moment when the money is required.

Mr. McSHANE

Before this loan is given will the House be made aware of the conditions?