§ 38. Mr. Peter Millsasked the Chancellor of the Exchequer if he will take into account in framing his future taxation policy towards agriculture the need to allow farmers to build up their own slender sources of capital so that they can finance their own expansion and modernisation of their farms.
§ Mr. CallaghanThe Government recognise that the industry must be enabled to finance further investment and my right hon. Friend the Minister of Agriculture has undertaken to take account of this in the Price Reviews. I have noted the point made by the hon. Member about taxation but he will not expect me to anticipate the Budget Statement.