99. Mr. BECKETTasked 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-HICKSI 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. BUCHANANWill the right hon. Gentleman consider the application of such a Measure to Scotland?
§ Sir W. JOYNSON-HICKSI think the difficulties are such that I had better also consult my right hon. Friend the Secretary for Scotland.
§ Mr. MACLEANDo they lend money in Scotland?