§ 6. Mr. Stonehouseasked the Secretary of State for the Colonies how many cotton ginneries have been made available for co-operative unions in Uganda under the cotton reorganisation scheme; and how many more will be made available during the next five years.
§ Mr. Lennox-BoydNine, Sir. I hope that five more co-operative ginneries will be established in the next five years.
§ Mr. StonehouseWould the Secretary of State give an undertaking that the transfer of these cotton ginneries will be made at a rate of compensation which will not prove an undue burden on the cooperative unions?
§ Mr. Lennox-BoydThe Governor, who recently came to England and is still here, as the hon. Member knows, is very conscious of the importance of securing that the co-operative unions are required to provide one-third of the capital cost of the ginneries, the balance of capital cost being lent by the Government at the rate of 5¾ per cent. to make up the balance.