HC Deb 27 April 1920 vol 128 c1033
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?


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.