HC Deb 30 March 1926 vol 193 cc1851-2
4. Sir FRANK SANDERSON

asked the President of the Board of Trade whether, in view of the feeling of a large section of manufacturers in this country in regard to the nation's credit under the trade facilities being given to certain firms to the detriment of other firms similarly employed, he will consider the discontinuance of granting further credits except to foster new industries?

Mr. R. McNEILL

I informed the House on the Third Reading of the Bill that before any further extension is proposed the Government would very carefully consider whether the continuance of this legislation is necessary. So long as the scheme continues I do not think it is practicable to confine it exclusively to new industries.