HC Deb 11 February 1937 vol 320 cc586-7
75. Major Rayner

asked the Minister of Agriculture the total amount of the Exchequer subsidy to the beet industry?

Mr. Ramsbotham

With 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.