§ Order for Second Reading read.
§ Motion made, and Question proposed, "That the Bill be now read a second time."—(Sir Percy Burrell.)
§ THE CHANCELLOR OF THE EXCHEQUER, in moving that the Bill be read 854 a second time that day three months, said, he felt bound to oppose the Bill, and to take the opportunity of deprecating the habit on the part of private Members of introducing Bills of this character, which very nearly went the length of proposing Votes of public money. The Bill proposed that, for the purpose of facilitating the erection of better dwellings, a very desirable object in itself, public money should be lent at a low rate of interest. The Public Works Loan Commissioners felt themselves very much embarrassed by proposals of this kind, which ought to be made in Bills promoted by the Government, and not by private Members, and for that reason he moved the rejection of the Bill.
§ Amendment proposed, to leave out the word "now," and at the end of the Question to add the words "upon this day three months."—(Mr. Chancellor of the Exchequer.)
§ Question, "That the word 'now' stand part of the Question," put, and negatived.
§ Words added.
§ Main Question, as amended, put, and agreed to.
§ Second Reading put off for three months.