HC Deb 22 January 1931 vol 247 cc372-3W
Sir H. HOPE

asked the Secretary of State for Scotland whether he can announce when the Agricultural Credits (Scotland) Act will commence to operate; and, if not, in view of the hardship suffered by Scottish agriculturists, if he will take steps to secure the Act's operation at the earliest possible date?

Mr. W. ADAMSON

The outcome of the negotiations with the Scottish banks to which I referred in previous answers is that, while four of the banks have finally refused to participate, a definite scheme is now under consideration by the four remaining banks, and there is a reasonable probability that it will prove acceptable to them.