HC Deb 26 October 1920 vol 133 c1583W
Mr. W. SHAW

asked the Secretary for Scotland whether all the money allocated for small holdings under the Land Settlement (Scotland) Act has been expended; if so, whether any money has been borrowed on the properties purchased; and, if no money has been borrowed, whether he will consider the advisability of mortgaging the properties already purchased so as to increase the resources available for land settlement in Scotland?

Mr. MUNRO

All the money allocated for land settlement purposes has not been expended, but it is practically all earmarked. The purchased properties under the Land Settlement (Scotland) Act, 1919, were acquired with moneys borrowed from the Public Works Loan Commissioners in terms of Section 26 of the Act, and no mortgageable interest remains at the disposal of the Board.

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