AGRICULTURAL CREDIT FACILITIES (BANKS).

HC Deb 18 March 1941 vol 370 cc40-1W

Mr. De la Bère

asked the Chancellor of the Exchequer whether he will give the figures in the aggregate relating to the borrowing by the agricultural community from the clearing banks for the years 1934–39, prior to the outbreak of hostilities?

Sir K. Wood

The following figures show the total amount of the advances to agriculturists by the clearing banks at the 31st December of each of the years named:

	£
1934	52,156,069
1935	50,608,017
1936	51,170,606
1937	52,760,634
1938	55,073,427

No figure is available for the 31st December, 1939, but my reply to my hon. Friend on 2nd July, 1940, stated that the amount at the middle of February, 1940, was about £53,000,000.