Credit Facilities.

Oral Answers to Questions — Agriculture. – in the House of Commons at on 12 March 1923.

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Photo of Hon. Aubrey Herbert Hon. Aubrey Herbert , Yeovil

65.

asked the. Minister of Agriculture when His Majesty's Government will be in a position to announce the action which they have decided to take with regard to the recommendations of the Committee on Credit Facilities?

Photo of Mr Robert Sanders Mr Robert Sanders , Bridgwater

As I stated in reply to the hon. and gallant Member for Loughborough (Brigadier-General Spears) on the 5th instant, a Bill is being drafted on the lines of the Committee s recommendations. I must ask my hon. Friend to await the introduction of this Bill, which will be presented as soon as possible.

Photo of Mr Edward Ruggles-Brise Mr Edward Ruggles-Brise , Maldon

In view of the urgency of the farmers' needs at. economy time, and in the interests of the country, will the right hon. Gentleman consider the desirability of making use of the existing banks as a channel through which credit facilities could be granted?

Photo of Mr Robert Sanders Mr Robert Sanders , Bridgwater

That matter is being thoroughly considered by the Committee.