§ 62. Sir N. GRATTAN-DOYLE
asked the Financial Secretary to the Treasury whether, in view of the recent restriction of bank credit to traders in Great Britain, he will consider making arrangements to extend to internal transactions in this country the facilities of the credits insurance scheme which is at present only concerned with overseas trade?
§ Mr. PETHICK-LAWRENCE
I am not aware of any recent restriction of bank credit to traders in Great Britain, and the question does not therefore appear to arise.
§ Sir N. GRATTAN-DOYLE
Is the hon. Gentleman aware that the greater rate of interest paid in Great Britain as compared with foreign countries constitutes a very serious restriction upon home producers?