§ 73 and 74. Mr. E. Evansasked the Financial Secretary to the Treasury (1) whether any loans have been approved under the provisions of the Special Areas Reconstruction Act for the purpose of assisting existing industrial undertakings in South Wales and Monmouthshire; if so, what is the amount of such loans; what is the amount of money that has actually been advanced; and what is the rate of interest charged in each case;
(2) whether any loans have been approved, under the provisions of the Special Areas Reconstruction Act, for the purpose of enabling any new industrial undertakings to be commenced in South Wales and Monmouthshire; and, if so, what is the total amount of such loans; what is the amount of money that has actually been advanced; and what is the rate of interest charged in each case?
§ Lieut.-Colonel ColvilleI am sending the hon. Member a copy of the reply given by my right hon. Friend to the hon. Member for Whitehaven (Mr. F. Anderson) on 3rd December last, in which he explained why it is considered undesirable to give figures for the individual areas covered by the Special Areas Reconstruction Association.