HC Deb 05 March 1925 vol 181 cc645-6
99. Mr. BECKETT

asked the Chancellor of the Exchequer if he will consider protecting the reputable money lenders and the clients of disreputable ones by fixing a maximum rate of interest on all money loans?

Sir W. JOYNSON-HICKS

I am at present considering the whole question of moneylending in conjunction with my right hon. Friend the President of the Board of Trade. I must say, however, that I greatly doubt whether the suggestion of a maximum rate of interest would be practicable.

Mr. BUCHANAN

Will the right hon. Gentleman consider the application of such a Measure to Scotland?

Sir W. JOYNSON-HICKS

I think the difficulties are such that I had better also consult my right hon. Friend the Secretary for Scotland.

Mr. MACLEAN

Do they lend money in Scotland?

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