40. Mr. W.H.K. Bakerasked the Chancellor of the Exchequer if he is satisfied that, within their restricted loan ceiling, the banks will be able to meet credit requirements for import substitution by the agricultural and fishing industries; and if he will make a statement.
§ Mr. DiamondWithin the ceiling agriculture and fishing remain priority categories of lending, in recognition of their import-saving rôle, and I believe that the banks should be able to continue to meet all reasonable and creditworthy demands for credit in these categories.