§ Mr. Sorensen
asked the Chancellor of the Exchequer whether he has any information respecting the total amount of loans granted by British banks to Germany and Italy, respectively, during the past five years; and how much of this has been arranged or granted during the past six months?
§ Captain Crookshank
I am not in a position to give detailed figures, but I am satisfied that there is no foundation for any suggestion that the amount of credit granted by British banks to the countries named in the question has increased either during the past five years or during the past six months. Indeed, it is common knowledge that the trend of these credits has been downwards.