In the case of general credits, when the Government accedes to an application made through a bank, say, to guarantee for six months bills up to a sum of £10,000 drawn by some particular United Kingdom exporter as against shipment of goods to Rumania, the Government would guarantee each bill up to its total value at such rate of commission as the Department may fix. At the end of the six months, if the amount of the guaranteed bills totals up to, say, £9,000, that represents the liability of the Government. When afterwards the bills fall due, and there is any loss, the Government has recourse on the United Kingdom exporter for 57½ per cent. of the ultimate loss. The Government does not require that any security shall be put up by the importer, but is prepared to consider the offering of special terms when security is put up. The Government is also prepared to make arrangements with approved banks, banking houses, and credit associations under which, for an agreed premium, the Government will assume responsibility for a share not exceeding 70 per cent. of any loss incurred by such banks, etc., in respect of transactions carried through by them for United Kingdom exporters, which comply with the same conditions as to the nature of the goods as those prescribed under the Export Credits Scheme. 7. OTHER MISCELLANEOUS SCHEMES Money has been allocated by the Government to assist schemes of land improvement, drainage and farm water-supplies so as to provide employment for agricultural workers, also forestry schemes and light railways: _Ministry of Agriculture:_ £ Land Drainage 388,000 Of this £113,000 is recoverable from drainage boards and landowners. Farm water-supplies 9,600 The balance of cost, £18,600, is borne by landowners. _Scottish Board of Agriculture:_ Land Drainage (half cost of schemes) 21,000 _Forestry Commission:_ Unemployment schemes in addition to the normal estimates 206,000 Additional expenditure thereon by landowners and local authorities 141,000 In the sum of £5,500,000 set aside during the winter 1921-22 for general unemployment relief, provision was made for assistance to approved light railway schemes. Up to June, 1922, two such schemes had been approved for grants from the Treasury equal to half the total cost, subject to maximum grants of £162,500 in all.