§ 69. Mr. Mathewasked the Minister of Agriculture, Fisheries and Food what action he proposes to take as regards those fishing vessel owners who have defaulted on payments due to the White Fish Authority under their loan agreements.
§ Mr. SoamesA number of trawler-owning companies have failed to meet in full the payments due under their loan agreements with the White Fish Authority. In the circumstances the Government have agreed to enable the White Fish Authority to defer payments
£ million Years beginning 1st June Aggregate Farming Net Income "Appropriation" Element (i) Total Farm Expenses Total Expenditure on Labour (ii) 1947–48 … … 228 23½ 530½ 222 1954–55 … … 311½ 18½ 1,071½ 265½ 1955–56 … … 347½ 27 1,099 275½ 1956–57 … … 338 30 1,168 284½ 1957–58 … … 374½ 11½ 1,190½ 293 1958–59 … … 333 21 1,243 305 1959–60 … … 362 20½ 1,256 300½ 1960–61 … … 389½ 29 1,263 300½ 1961–62 (forecast) … … 431½ 25 1,321½ 299½ (i) These are the sums which should have been appropriated by farmers from aggregate net income to cover the excess of replacement cost over original cost of certain assets (slaughter stock, cultivations, growing crops etc.) used up in the course of the year's production and trade. (ii) Expenditure on wages, salaries and employer's share of National Insurance contribution.