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Winter Losses (Loans)

Volume 441: debated on Monday 28 July 1947

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55.

asked the Minister of Agriculture whether, in connection with the compensation paid to farmers for their losses due to blizzards and floods in the worst affected areas in this country, and the reluctance many farmers have in taking charity from their fellow farmers in other parts of the country who also suffered losses last winter, he will consider making an interest-free loan to enable these farmers to restore their stocks.

No, Sir. I have already reduced the interest charge from 5 per cent. to 2½ per cent. under the Goods and Services Scheme, for the replacement of livestock lost through blizzards and floods, and I do not propose to make any further reduction.

May we know when the Government do intend to make a real all-out drive for production? Has not the Chancellor of the Exchequer said that agricultural production is the biggest dollar saver, and does not agriculture therefore take priority over everything else? It is not a laughing matter.