§ 40. Mr. Tinkerasked the Financial Secretary to the Treasury whether it is the intention to raise the money by way of loans to meet the payment of compensation to royalty owners, as required by the Coal Act, 1938; and, if so, will he consider suspending this operation during the war period, seeing all the financial resources are required for war purposes?
§ The Financial Secretary to the Treasury (Captain Crookshank)It is the intention to raise this money in due course by loan. I am not prepared to take a decision that in no circumstances will the necessary loan or any part of it be issued during the war period; but the hon. Member may rest assured that it will not be issued until after careful consideration has been given to all the relevant factors, including those involved in connection with the financing of war operations.
§ Mr. GallacherWill the right hon. Gentleman not agree to refrain from going any further with this loan for royalty owners?