Agricultural Security Corporation.

Oral Answers to Questions — Scotland. – in the House of Commons on 24th November 1931.

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Photo of Sir James Macpherson Sir James Macpherson , Ross and Cromarty

86.

asked the Secretary of State for Scotland if he is now in a position to give the House any information with regard to the corporation for agricultural credits in Scotland?

Photo of Sir Archibald Sinclair Sir Archibald Sinclair , Caithness and Sutherland

I would refer my right hon. Friend to the answer which I gave last Tuesday to a question on this subject by the hon. Member for Central Aberdeenshire (Mr. R. W. Smith) and to which, in the meantime, I have nothing to add.

Photo of Sir James Macpherson Sir James Macpherson , Ross and Cromarty

Has nothing been done within the last week?

Photo of Sir Archibald Sinclair Sir Archibald Sinclair , Caithness and Sutherland

As I explained to the hon. Member for Central Aberdeen last week, this scheme has been approved by the Department concerned and is now with the banks. We can do nothing until the banks have approved the Articles and Memorandum of Association and as soon as they have done so there will be no delay.

Photo of Sir James Macpherson Sir James Macpherson , Ross and Cromarty

Cannot my right hon. Friend complain to the banks and point out the strong feeling of resentment there is on the part of Scottish Members that Scotland is being treated, in comparison with England, very adversely.

Photo of Sir Archibald Sinclair Sir Archibald Sinclair , Caithness and Sutherland

My right hon. Friend had better address that question to the banks.