§ 71. Mr. GLOSSOPasked the Minister of Agriculture if he is aware that the Yorkshire Farmers' Bacon Factory, Limited, is likely to go into voluntary liquidation; what is the financial liability of the Government in this undertaking; and what steps does he propose to take?
§ Sir J. GILMOURThe answer to the first part of the question is in the affirmative. With regard to the second part, the Government's financial interest in the society is confined to the outstanding balance of £8,968 15s. of a loan of £10,000 made in 1927, and secured by a first charge on the society's land and factory premises. As to the last part, the matter is receiving consideration.
§ Mr. T. WILLIAMSCan the right hon. Gentleman give the House any reason why the Government have not taken steps to prevent this factory going into liquidation?
§ Sir J. GILMOURNot in answer to a question.
§ Mr. MACQUISTENDoes net the right hon. Gentleman see that what has happened in this case is a reason for putting a duty on pig products?
§ Mr. WILLIAMSIs the right hon. Gentleman not aware that this bacon factory has gone under because the farmers refused to supply their pigs to the factory?