§ Lord Malcolm Douglas-Hamiltonasked the Financial Secretary to the Treasury whether, in the interests of increasing food production in the country, he will consider taking steps to afford Scottish banks the same facilities as English banks for making loans secured against livestock, farm machinery or any other movables.
§ Mr. Boyd-CarpenterI am not aware that the difference to which my noble Friend refers, which arises out of differences between the Scottish and the English law of property, is in practice any hindrance to the increased production of 15W food. The English banks do not normally make loans secured by legal charge upon such assets as the noble Lord mentions.