ACCOUNT.

Cash proceeds of £1,230,000 Treasury Bills paid off ·
Cash proceeds of £554,600 5 per cent. Exchequer Bonds, 1921,

paid off
Investments at 31 March 1922, at cost

8. d.

8. d.

£

8. d. 19,267 7 4

Department of Agriculture, &c., Purchase of land for Af.
Ireland.

forestation.
Afforestation of Land

purchased. Congested Districts Board Provision of Modern Fish

ing Vessels. Agricultural Organization So. Agricultural Co-operation

ciety. British Flax and Hemp Growers' Equipment of Hemp FacSociety.

tory.
British Sugar Beet Growers' Purchase of Estate and
Society.

provision of working
capital for Sugar Beet

Industry.
Hereford Corporation

Extension of Electricity
Supply to Agricultural

Districts,
Kent Incorporated Society for Fruit Research Station

promoting Experiments in

Horticulture.
National Institute of Agricul. Seed-Testing Station, &c.

tural Botany.
South Eastern Agricultural Extension of College Build-
College.

ings. Corporation of Liverpool

Afforestation

48,655 8 6 Interest at 3} per cent.
6,000

£4,000 Interest at 3 per cent. ; £2,000

Interest at 41 per cent. 49,583 9 10 2,790 6 1 181,450 12 6

457,752 17 2

0. E. Niemcyer,

Accounting Officer. have required, and I certify, as the result of my audit, that, in my opinion, these Accounts are correct.

Malcolm G. Ramsay,
Comptroller and Auditor General.

REPORT OF THE COMPTROLLER AND

AUDITOR GENERAL,

Grant from Voted Moneys. 1. In accordance with the terms of the Corn Production Acts (Repeal) Act, 1921, a sum of 850,0001. was paid into the Development Fund from the Agricultural Development Grant Vote (Class VI., Vote 15) for the purpose of aiding and developing agriculture in England and Wales. The whole of this sum, with the exception of a small advance on account in December 1921, was paid into the Fund in March 1922, and the only payments made out of the Fund in respect of this service in 1921–22 amounted to 3,1501.

Advances to Departments. 2. The expenditure out of these advances is examined under my directions, and particulars are appended to the Appropriation Accounts concerned.

Advances to other Bodies. 3. The amounts advanced in 1921–22 were duly authorized, and an inspection of the documents furnished to my Department, supplemented by a test in detail of certain expenditure, showed that the conditions laid down by the Development Commissioners and the Treasury in respect of each advance had been complied with.

Balances. 4. In addition to the net surplus of 1,795,0891. 38. 8d. shown on the Balance Sheet, net balances amounting in the aggregate to 22,1091. 9s. 7d., representing unexpended portions of grants issued to Departments, are shown in the accounts appended to the Appropriation Accounts of the Ministry of Agriculture and Fisheries, Board of Agriculture, Scotland, Fishery Board for Scotland, and Department of Agriculture and Technical Instruction, Ireland.

Malcolm G. Ramsay, Comptroller and Auditor General.

Exchequer and Audit Department,

20 February 1923.

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