(UlANT OF LOANS AND ADVANCES TO AGRICULTURISTS. 45 



over that which it itself had to pay, but still at a lower rate 

 than money could be borrowed at from other parties, and he pre- 

 sumed that these advances would ordinarily be made, or might, 

 with perfect propriety, be made from the money borrowed for re- 

 productive works. 



Those works would be so simple that there could be no doubt, 

 under proper management, of their reproductive character. The 

 security for re-payment would, in almost every case, be the 

 land itself on which the improvement was made. He only wished 

 that they had some such sort of local and well-defined security 

 for the re-payment to the State of the charges incurred on the 

 great works of canal irrigation executed by the Government it- 

 self. There was no doubt that they ought to have such security, 

 and he believed that at some future time they would get it. This 

 however, was not a question he need dwell upon now, as it might 

 perhaps, before long, come up for consideration before the 

 Council, when the Canal Bill was being proceeded with. 



Hitherto, advances of this character had only been made to 

 the proprietors of the land to be improved. Under the present 

 Bill, advances, under certain circumstances, might also be made 

 to tenants ; but the consent (either expressed or implied) of 

 the landlord would be always necessary, unless the Collector 

 should be satisfied that the tenant possessed in the land an 

 independent and transferable interest which would furnish by 

 itself, without reference to the landlord, a sufficient security 

 for the re-payment of the loan. 



The Government would make rules as regards all details not 

 expressly provided for in the Bill. 



The practice laid down in the old Regulations which had been 

 found perfectly successful in protecting the Government against 

 loss, was also introduced into this measure, namely, that advances 

 would be recoverable as arrears of land revenue. 



He hoped that if this measure became law, it would prove 

 the starting point of a system under which benefits of the 

 greatest possible value might be conferred upon the country. 



The HON'BLE SIR R. TEMPLE said that he entirely agreed in 

 the remarks of his Hon'ble friend, Mr. STRACHEY. The Financial 

 Department concurred heartily in the Bill. The advances provided 



