Mr. R. S. YOUNG
asked the Minister of Transport, with regard to the application 1959W which has been made by the London County Council for a grant out of the Road Fund to the improvement scheme at the Elephant and Castle, involving a new semi-circular street and certain new tramways, if he will state the estimated cost of the improvement, distinguishing between the sum to be spent in the acquisition of properties and easements and the sum to be spent on work, and the amount of the grant, if any, which, with the approval of the Treasury, he proposes to make?
§ Mr. HERBERT MORRISON
The estimated cost of the scheme for an improvement at the Elephant and Castle proposed by the London County Council is £1,950,000, of which £1,438,000 is estimated to be the cost of acquiring the necessary properties and easements. I have already informed the county council that I shall be prepared to make a grant from the Road Fund of 75 per cent. of the net cost of an approved scheme.