BRITISH AGRICULTURE
EDUCATION AND RESEARCH. INCREASED EXPENDITURE. (British Official Wireless.) (United Press Association.} (By Electric Telegraph—Copyright.) RUGBY, May 3. (Received May 5, at 5.5 p.m.) Mr Walter Guinness, Minister of Agriculture, stated in the House of Commons last night, that £585,000 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 that the agricultural Mortgage Corporation set up under last year’s agricultural credit system had become operative and had advaned 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, he 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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Otago Daily Times, Issue 20709, 6 May 1929, Page 7
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154BRITISH AGRICULTURE Otago Daily Times, Issue 20709, 6 May 1929, Page 7
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