Mr. COOPERasked the President of the Local Government Board if he proposes to extend the period for the repayment of loans for the building of schools to fifty years to loans already sanctioned by the Local Government Board, provided that school buildings erected by the aid of such loans are in such a condition as would justify the extended period?
§ Mr. BURNSWhere a loan has been sanctioned, but not yet raised, I shall be quite prepared to entertain an application for an extension of the period. Where the loan has been raised, questions of some difficulty may not infrequently arise, but I shall be quite prepared to consider applications in respect of loans recently sanctioned, and to see how far it may be possible to accede to them.