HC Deb 07 April 1930 vol 237 c1799W
Mr. GRANVILLE

asked the Minister of Agriculture if he is prepared to advise the repealing of Section 12 of the Agricultural Credits Act, 1928, in order to advance immediate credit to enable farmers to survive the acute peak of the depression in the industry?

Mr. N. BUXTON

I have not received any information which shows that farmers whose financial position would otherwise justify it, have been unable to obtain credit from the banks under Part II of the Agricultural Credits Act, 1928, in consequence of the provision of Section 12 of the Act. This Section ceases to operate on 1st January, 1931. In these circumstances I do not propose to take any action with a view to the repeal of this Section.