§ Mr. MILLARasked the Secretary for Mines the total amount paid to royalty owners in each mining district in Great Britain and the amount per ton of output during the latest 12-month period for which figures are available?
§ Mr. TURNERThe estimated total amount of coal mining royalties for each district during the 12 months ended 30th September, 1929, and the average amount per ton disposable commercially were as follow:
§ Mr. P. SNOWDENI am aware that several corporations have passed resolutions of the kind indicated in the question. As my hon. Friend is aware, the State already finances a large part of the loan requirements of the smaller local authorities from the Local Loans Fund. I could not contemplate the adoption of any scheme that involved the grant of State loans or guarantees to meet the capital requirements of all local authorities, but consideration would of course be given to any concrete proposals for obviating competition in connection with loans raised by authorities on their own credit.