HC Deb 28 January 1930 vol 234 c851W
Sir R. HAMILTON

asked the Secretary of State for Scotland when he expects that financial arrangements will be completed so that effect can be given to that part of the Agricultural Credits (Scotland) Act, which provides for long term credits?

Mr. W. ADAMSON

As the hon. Member is aware, obstacles have arisen in constituting the company to be set up under Part I of the Act owing to the fact that four of the eight Scottish banks refused to co-operate. I have been exploring other methods of overcoming these obstacles, but the possible solution I have in view involves legal questions of difficulty which are now being considered.