64. Mr. MARSHALL HALLasked the Attorney-General if, with a view to mitigate the nuisance arising from touting circulars and advertisements by registered moneylenders, be will introduce a Bill enacting that, in all cases where loans with such moneylenders are contracted upon the invitation of the moneylender, the maximum rate of interest legally chargeable and recoverable shall not exceed five per centum per annum?
§ The ATTORNEY-GENERAL (Sir John Simon)I am not able to promise to introduce legislation, but the hon. and learned Member will have observed that a Bill for amending the Moneylenders Act has come down from the House of Lords, and will offer opportunities for modifying the existing law when it comes before this House.
§ Mr. GWYNNEAre we to understand that the Government will give facilities?
§ Sir J. SIMONI cannot undertake that.