§ 17. Mr. Boothby
asked the Secretary of State for Scotland whether he has now obtained information from the Herring Industry Board regarding the adequacy of their statutory powers; and whether he contemplates making any changes in the personnel of the board?
§ Mr. Elliot
Certain proposals which have been received from the Herring Industry Board for extension of their powers and which would require legislation are at present receiving my consideration in consultation with the other Ministers concerned. The reply to the second part of the question is in the negative.
§ Mr. Boothby
When does the right hon. Gentleman expect to be in a position to announce the policy of the Government in this matter, and does he propose to undertake fresh legislation?
§ 18. Mr. Boothby
asked the Secretary of State for Scotland whether he is aware that the interest charges proposed by the Herring Industry Board in their latest 1566 loan scheme are so high as to make it practically impossible for the fishermen to take advantage of it; and whether he proposes to take any action in the matter?
§ Mr. Elliot
I do not think that it can be claimed that 3¾ per cent. is an excessive rate of interest, or that it should prevent fishermen from taking advantage of the loan scheme. The last part of the question does not, therefore, arise.