§ 17. Mr. ROBINSONasked the Minister of Agriculture whether, in view of the present financial position of the Fur Board, he will consider suspending for the time being the obligation on that board to repay through the Ministry the indebtedness contracted under the Agricultural Credits Acts?
§ Mr. ELLIOTThe position of the Fur Board, which was formed as a co-operatice society in 1921 and which in 1926 became an agricultural credit society for the purposes of the Agricultural Credits Act, 1923, has received the sympathetic consideration of successive Governments. The board was granted a moratorium of two years in May, 1932, and in the absence of any evidence which would hold out reasonable expectation of improvement in its financial position, I regret that I cannot accede to the suggestion of my hon. Friend.