§ 75. Major Raynerasked the Minister of Agriculture the total amount of the Exchequer subsidy to the beet industry?
§ Mr. RamsbothamWith my hon. and gallant Friend's permission, I will circulate in the OFFICIAL REPORT a statement giving details of the expenditure referred to.
§ Following is the statement:
§ Amount of Exchequer Subsidy paid to the Beet Sugar Industry in Great Britain under the provisions of the British Sugar (Subsidy) Act, 1925, and subsequent legislation.
| Campaign. | … | £ |
| 1924–25 | … | 509,200 |
| 1925–26 | … | 1,121,581 |
| 1926–27 | … | 3,324,197 |
| 1927–28 | … | 4,214,060 |
| 1928–29 | … | 2,824,820 |
| 1929–30 | … | 4,233,776 |
| 1930–31 | … | 6,143,612 |
| 1931–32 | … | 1,973,300* |
| 1932–33 | … | 2,378,779 |
| 1933–34 | … | 3,388,692 |
| 1934–35 | … | 4,429,565 |
| 1935–36 | … | 2,458,512† |
| 1936–37 (Estimated) | … | 2,577,000 |
| Total | … | £39,577,154 |
| * Including £183,297 "advances" under the British Sugar Industry (Assistance) Act, 1931, now irrecoverable. | ||
| † Including £240,000 paid to the British Sugar Corporation as allowance for depreciation but excluding allowances to the transfer companies in respect of interest on capital. The exact amount of these allowances has not yet been determined, but in accordance with Section 16 (1) of the Sugar Industry (Reorganisation) Act, 1936, they may not exceed £315,000 in the aggregate. |