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LORD ST. DAVIDS AND THE DEVELOPMENT GRANT. SPEECH AT PEMBROKE FARMERS' CLUB. During the course of a speech delivered at a well- attended meeting of the Pembroke Farmers' Club, held last week, Lord St. Davids, speaking of the Development Grant, said he was very glad to see the Pembrokeshire County Council was taking a very active part inHrying to get a grant from the Development Fund. (Hear, hear.) The grant was under two heads, one a road fund and the other a development fund for agricultural pur- poses. He happened, by misfortune, to be one of the five commissioners appointed to administer the said fund. £600,000 had been allotted for the roads of Great Britain and Ireland, so they would see the amount apportioned to any one county would necessarily be small, and if he could judge from the number of resolutions sent in by various bodies, he ventured to say that it would take half the fund for Pembrokeshire alone. (Laughter.) He therefore hoped these expectations might be very considerably modified; at any rate, the claims of Wales and Pembrokeshire would be put for- ward by himself the best he could. (Applause.) The other fund to which he had referred would benefit agriculture more directly. It was a vory considerable sum, and if found tisef-il, whatever party was in power, would be added to from time to time. There were numberless ways by which it might benefit agriculture. The only encourage- ment breeders of hunters got at the present time _was the chance of a King's picminm, and then a "whole district like Wales, together with several English counties, was only given two premiums of JE150 a year each. Then, again, it meant they must go to Newmarket and buy against the foreigner, who was always willing to pay a very high price. Undoubtedly in Pembrokeshire alone there should be a King's premium, where there was such an enormous number who had got mares from which good hunters could be bred if they had the chance. Carmarthenshire should certainly have a King's premium as well. He thought a grant in this direction would be a great assistance in the breeding of hunters. The same thing might be applied in the case of cart horses. If a small sum, say of £ 100, or even JE50 were set aside it would be very advantageous if they could get some of the best horses down there. (Hear, hear.) In some districts farmers' organisations had given JE1000 for one season to have a first- class stallion standing in their district. They could not look at such a price in Pembrokeshire. Take the case of black bulls. Many animals had been sold which had been a loss to the county, and which they ought to have kept there. The fund might help in this direction, so that there might be a supply of good bulls in the county for the assistance of agriculture at a low price. (Hear, hear.) In the breeding of live stock the grant would be of the greatest assistance, and he was glad to see that the Pembrokeshire County Council, if they were unanimous over nothing else, were unanimous with regard to the Develop- ment Grant. In conclusion, the noble lord heartily congratulated the Council on their activity.

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