§ 49. Mr. Stokes
asked the Chancellor of the Exchequer whether he will give an assurance that no further War Loans will be raised at a greater rate of interest than 2 per cent.?
§ Mr. Stokes
Is the right hon. Gentleman aware that there will be great concern in the country if he attempts to raise a loan at a higher rate of interest, and that there is a growing body of opinion which is conscious of the fact that the war can be financed at a low rate of interest if we set about it in the right way?
§ Sir K. Wood
I am indebted to the hon. Member for suggestions that he has made, which, however, I have not hitherto been able to adopt.
§ Mr. Buchanan
Will the right hon. Gentleman consult the Secretary of State for Scotland, who wrote a pamphlet during the last war on interest-free loans?