HC Deb 04 November 1930 vol 244 cc682-3W
Mr. BLINDELL

asked the Minister of Agriculture the total amount of money loaned free of interest to the Agricultural Mortgage Corporation under the Agricul- tural Credits Act, 1928; the amount the Corporation has already advanced to farmers; and the largest amount advanced by the Corporation to any individual or company?

Dr. ADDISON

The total amount of money lent free of interest to the Agricultural Mortgage Corporation under the Agricultural Credits Act, 1928, is £650,000 for a period of 60 years. The Corporation had advanced up to the close business on Tuesday last, 28th October, the sum of £5,898,378 on long-term mortgage loans, and £16,745 on improvement loans. With regard to the last part of the hon. Member's question, I am unable to supply the information asked for, as particulars of transactions with individual borrowers are invariably regarded by the Corporation as confidential.

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