HC Deb 19 December 1935 vol 307 cc2005-6W
Sir J. JARVIS

asked the Minister of Agriculture whether he is aware that the present interest rates demanded by the Agricultural Mortgage Corporation for long-term credits is 4¼ per cent.; and whether he will consider an early amending of the Agricultural Credits Act to enable loans to be available to farmers at rates not less favourable than on Government securities?

Mr. ELLIOT

I would refer my hon. Friend to the answer given on 17th December to my hon. Friend the Member for Belper (Mr. Wragg) a copy of which I am sending to him. I regret that I am unable to adopt the suggestion contained in the last part of the question.