Sir A. SINCUAIRasked the Secretary of State for Scotland whether he is yet in a position to state what arrangements have been reached with the four Scottish banks who have agreed to subscribe the necessary share capital to bring the Government's agricultural credits scheme into operation; when the company will be ready to begin operations; and on what terms loans will be advanced?
Mr. ADAMSONSteps for the incorporation of the proposed Agricultural Security Company are being taken, but I am not yet in a position to state when the company will be ready to begin operations or on what terms loans will be advanced.