Sir GILBERT PARKERasked whether the area of investment of the Post Office and Trustees Savings Bank's funds for municipal administration could be so widened as to enable local authorities to obtain advances out of such funds on the security of the rates or other property or funds which they are authorised to mortgage?
§ Mr. LLOYD-GEORGEI must refer the hon. Member to the reply which I gave on this subject to my hon. Friend the Member for Colne Valley on the 28th ultimo.