HC Deb 04 May 1955 vol 540 c1664
11. Mr. Beresford Craddock

asked the Secretary of State for the Colonies to what extent, owing to fluctuations in price, it has been necessary for the Uganda Government to draw on the Price Stabilisation Fund set up for coffee and cotton.

Mr. Lennox-Boyd

No call has been made on the Cotton Price Assistance Fund. The latest estimate is that between £4¼ and £4½ million will have been drawn from the Coffee Price Assistance Fund during the current season.

Mr. Craddock

While thanking my right hon. Friend for this information, can he say, without notice, how much is left in that Fund after these withdrawals?

Mr. Lennox-Boyd

The Coffee Price Assistance Fund stood at £15 million at the beginning of the current season and the Cotton Price Assistance Fund at £20 million, of which £5 million was lent as working capital to the Lint Marketing Board.