Viscountess ASTORasked the Secretary for Scotland how many acres of land have been purchased up to the present time on which steel houses are to be built by the Scottish National Housing Company; what is the total price of the land; whether all the capital necessary for the operations of the company has 1858W been supplied by the Exchequer; and if the one share held by each member of the executive committee is paid for by the holder?
§ Sir J. GILMOURTo date approximately 109 acres have been purchased and. 34 acres feued by the Second Scottish National Housing Company (Housing Trust), Limited. I am unable to state the total price of the land purchased, as the price of some of the sites is to be fixed by the Chief Valuer for Scotland, who has not yet made his award. The capital of the company is being supplied partly by loans on mortgage from the Public. Works Loan Commissioners, partly by-borrowing on debentures or other security from the Scottish Board of Health, and partly by shares paid for by that Board. The answer to the last part of the question is in the negative.