HC Deb 08 June 1917 vol 94 c520W
Mr. GINNELL

asked the Parliamentary Secretary to the Board of Agriculture what is being done by the Government towards promoting the cultivation of sugar beet in suitable districts and the founding of sugar manufactories; and, if financial help or any consideration equivalent to it, or a guarantee of a standard price, were to be given, would he state the conditions attached.

Sir R. WINFREY

Owing to war conditions it has been necessary to suspend for the present measures for the promotion of the sugar beet industry in this country, but, on the recommendation of the Board of Agriculture and the Development Commissioners, the Treasury have made a loan of £125,000 from the Development Fund to the British Beet Growers' Society for the purchase of an estate near Newark with a view to the establishment of the industry there as soon as circumstances permit. The loan is to bear interest at 5 per cent, per annum, to be secured upon the estate, and to be repayable within two years of the date of the advance.