§ Sir A. Bossom
asked the Minister of Agriculture if he will extend the period for repayment of loans to farmers for providing grain drying and storage facilities, as the short period now required reduces the attractiveness of the scheme.
§ Sir T. Dugdale
The purpose of the Revolving Loan Fund arrangements is to provide short-term credit for industry and agriculture, and the maximum repayment period for loans made from Conditional Aid Funds to farmers for grain drying and storage facilities is laid down in the agreement with the Foreign Operations Administration of the United States (F.O.A.).