§ Mr. Brockwayasked the Secretary of State for the Colonies is the purpose of the Land and Agricultural Bank of Northern Rhodesia; and how far its facilities are available for African as well as for European farmers.
§ Mr. Lennox-BoydThe Bank's purpose is to assist and encourage farming and agricultural development generally in the territory by providing short-term and seasonal finance to farmers' associations and co-operative agricultural societies and long-term loans to all farmers individually. In practice, however, African farmers have not applied to the Bank but have obtained agricultural credit through the African Farming Improvement Scheme, the Peasant Farming Scheme and African co-operative societies.