§ 75. Mr. SUGDEN
asked the Chancellor of the Exchequer when and what means he purposes to adopt to prevent competition between municipal authorities in obtaining municipal loans which at present results in high prices for such loans?
§ Dr. ADDISON
In the case of housing loans I have power, with the concurrence of the Treasury, to limit the rate of interest and thus to some extent to prevent competition. In other cases I have no such power.