HC Deb 26 March 1925 vol 182 c652W
Mr. E. EVANS

asked the Chancellor of the Exchequer whether he has received any representations expressing dissatisfaction with the high rate of interest payable by the Welsh Church Commissioners on the loan of £2,350,000 granted to them by the National Debt Commissioners; and whether, in the interests of the University of Wales and the Welsh County Councils, he will take into consideration the possibility, of amending the terms of the loan?

Mr. CHURCHILL

The answer to the first part of the question is in the affirmative. The answer to the latter part of the question is that there is no possibility of amending the terms of the loan, which were the subject of definite agreement at the time the loan was made.