HC Deb 07 March 1934 vol 286 c1815
40. Mr. MOLSON

asked the Financial Secretary to the Treasury whether, in view of the appreciation in the price of local loan stock and the importance of providing cheap money to local authorities for housing and other purposes, he will consider the desirability of lowering the rate of interest now charged by the Public Works Loans Board?


The position is being watched, but I am not able to make any further statement at present.