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AGRICULTURE IN BRITAIN.

w THE MINISTRY'S WORK. (BRITISH OniCliL WIRELESS.} (Received May sth, 5.5 p.m.) RUGBY, May 4. Mr Walter Guinness, Minister for Agriculture, stated in the House of Commons last night that £586,000 was being spent annually on agricultural education and research, but increased expenditure on this work must be faced. Referring to the Ministry's proposals to strengthen the economic position of agriculture, he said the Agricultural Mortgage Corporation set up under last year's agricultural credit system had become operative and had advanced long term loans for the purchase and permanent improvement of farms up to £1,250,000, and it was examining applications for other loans to the extent of another £2,250,000. Dealing with the sugar beet industry ho recalled that before the war there were only three factories in England, producing 10,000 tons of sugar. There were now 19 factories, producing 195,000 tons of sugar.

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https://paperspast.natlib.govt.nz/newspapers/CHP19290506.2.92

Bibliographic details

Press, Volume LXV, Issue 19611, 6 May 1929, Page 11

Word Count
146

AGRICULTURE IN BRITAIN. Press, Volume LXV, Issue 19611, 6 May 1929, Page 11

AGRICULTURE IN BRITAIN. Press, Volume LXV, Issue 19611, 6 May 1929, Page 11