§ 25. Mr. TOUCHEasked for what special purposes, as provided by the Public Works Loans Act, 1912, do the Public Works Loan Commissioners require £6,000,000 for the year 1912–13, as compared with £5,000,000 only in previous years; and is the additional £1,000,000 ear-marked?
§ Mr. MASTERMANThe additional £1,000,000 has not been ear-marked, but it was thought advisable to increase the maximum amount which the Commissioners might lend to meet possible expansion in the demands for loans.
§ Mr. TOUCHEDid the Commissioners give no reason for asking for the additional million?
§ Mr. MASTERMANThey gave the reason I have already read out in the answer. I do not know any other.