§ 48 and 52. Mr. Liddallasked the Chancellor of the Exchequer (1) whether he will consider adjusting rates of interest on long-term national loans raised hereafter while alteration in currency management can inflict hardship on private investors who lend their savings at fixed rates of interest at a time when managed money is kept artificially cheap;
(2) whether, in order that re-armament loans may be taken up more widely by small private investors rather than again by public departments, he will consider taking steps to ensure that future medium and long-term national loans shall have their rates of interest adjusted to meet each 10-point rise in the Board of Trade cost-of-living index?
§ Lieut.-Colonel ColvilleMy right hon. Friend does not consider that either of these suggestions is practicable.