§ 64. Mr. HARMSWORTHasked the Minister of Health how much money has 1029 been raised in the form of loans by local authorities year by year since 1918?
§ Sir K. WOODAs the reply contains a number of figures, I will, with the hon. Member's permission, circulate it in the OFFICIAL REPORT.
§ Following is the reply:
§ The amount raised in the form of loans by local authorities in England and Wales in each of the under-mentioned years was as follows:
| Year ended 31st March. | Amount of loans raised. | |
| £ | ||
| 1918 | … | 4,064,214 |
| 1919 | … | 4,306,053 |
| 1920 | … | 24,308,257 |
| 1921 | … | 116,056,859 |
| 1922 | … | 127,375,530 |
| 1923 | … | 61,077,230 |
| 1924 | … | 46,534,526 |
| 1925 | … | Figures not yet available. |
§ These amounts do not include temporary loans and overdrafts raised under the Local Authorities (Financial Provisions) Act, 1921, to meet current, expenses.