§ 60. Mr. Turtonasked the Minister of Agriculture what were the estimated amounts of capital invested by farmers in livestock, machinery and tenants improvements in the years 1938, 1947, 1948 and 1949, respectively.
§ Mr. G. BrownNo detailed figures are available, but my right hon. Friend roughly estimates that before the war the total value of farmers' working capital in the United Kingdom (excluding land and buildings) was of the order of£300 to£350 million. At the present time the corresponding figure would be about£1,000 million. These estimates do not include tenants' improvements of a class normally supplied by landlords.