HC Deb 15 August 1940 vol 364 c938
32. Mr. Stephen

asked the President of the Board of Education, with regard to the agreement by the Bank of England and/or joint stock banks to finance the service of education in Lowestoft, what conditions the Bank has laid down as to the amount that shall be spent on the service of education and, in particular, of the number of teachers that shall be employed and the salaries they shall receive?

Mr. Ramsbotham

I have no knowledge of the matters referred to by the hon. Member.

Mr. Loftus

Is the Minister aware that the Corporation of Lowestoft and their officials have no knowledge whatever of the allegation contained in this Question and that they understand they can borrow from the banks upon the ordinary terms and conditions of peace-time?

Mr. Ramsbotham

Then their position is ihe same as mine.