HC Deb 10 February 1931 vol 248 cc205-6
48. Mr. MANDER

asked the Chancellor of the Exchequer whether the Government is prepared to consider the raising of a development loan to be used for the execution of plans already prepared and worked out?

Mr. P. SNOWDEN

I would refer the hon. Member to the statement I made on the Motion for the Adjournment of the House on Thursday last.

Mr. MANDER

Am I to understand that the right hon. Gentleman would not be opposed to a loan for such a purpose as is outlined in the question?

Mr. SNOWDEN

I said all that I think needs to be said in that statement, and the hon. Member must draw his own conclusion.