§ Mr. HANNONasked the Minister of Agriculture whether he can give the aggregate profits or losses on the farm settlements from the commencement of operations to 31st March, 1923, and the result of the operations for the year ended 31st March, 1923?
§ Sir R. SANDERSThe accounts for the year ended 31st March, 1923, are not yet completed. The latest available figures relate to the period from the commencement of operations to 31st March, 1922. During this period, and after taking into account the profits at certain settlements in certain years, losses were incurred amounting in the aggregate to
£ (a) Farming accounts 153,626 (b) Estate accounts 95,916 Total £249,542 It may be added that the accounts are charged with interest on the advances made from the Exchequer for the purposes of the undertakings. The total under this head up to 31st March, 1922, amounted to £122,028. Charges in respect of headquarters administrative expenses, amounting to £30,566, are also included.