HC Deb 01 March 1933 vol 275 cc364-5
31. Mr. BOOTHBY

asked the Secretary of State for Scotland what is the rate of interest charged to farmers by the corporation set up under the Agricultural Credits Act?

Sir G. COLLINS

I understand that the corporation has not yet announced the terms on which they are prepared to make loans under the Agricultural Credits (Scotland) Act.

Mr. BOOTHBY

Will my right hon. Friend bring to the notice of the corporation the fact that, owing to the reduction in interest charges on Government securities, the Government of Northern Ireland has made a reduction in interest charges by the corporation, and will he represent to the corporation that it is desirable that it should keep its charges as low as possible?

Sir G. COLLINS

I will make representations to the corporation.

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