HC Deb 23 April 1936 vol 311 c289
14. Mr. STOREY

asked the Chancellor of the Exchequer if he can now state whether it is the intention of His Majesty's Government to act upon the recommendations of the Commissioner for the Special Areas as to the provision of finance for new and developing industries in the Special Areas?

The CHANCELLOR of the EXCHEQUER (Mr. Chamberlain)

I would refer my hon. Friend to the statement which I made in my Budget speech.

Mr. STOREY

Can my right hon. Friend say at what rate these loans will be available to new industries under these provisions?

Mr. CHAMBERLAIN

No, Sir, I cannot.

Mr. LYONS

Can my right hon. Friend say when the new scheme will come into operation?

Mr. CHAMBERLAIN

As soon as possible.