§ 59. Mr. Barnesasked the Financial Secretary to the Treasury the total cost to the Treasury for grants, subsidies, rating, and other financial reliefs granted to agriculture for the period 1930–31 to 1938–30?
§ The Financial Secretary to the Treasury (Captain Crookshank)As the answer involves a number of figures, I will, with the hon. Member's permission, circulate it in the OFFICIAL REPORT.
§ Following is the information
£ | |
Beet Sugar | 26,534,886 |
Beet Sugar Rebate of Taxation | 17,553,000 |
Cattle Industry, payments to Producers | 18,114,794 |
Milk | 5,696,861 |
Land Fertility Improvement | 1,961,513 |
Oats and Barley | 164,868 |
Agricultural Credits. Losses on repayment before due dates of loans made by Public Works Loans Commissioners | 328,490 |
£70,354,412 |
§ It is not possible to express in terms of money the benefit which agriculture has derived from derating during these years. The amount included in the block grant in respect of the year 1928–29 on the basis of benefit to agriculture in that year totalled approximately £10,800,000.