§ Mr. Whitakerasked the President of the Board of Trade what proposals he has for the Exchequer to obtain its share of any profit devolving from the national financial help which the Government proposes to give to hotels.
§ Mr. MasonNone. The development loans for hotels will not be equity money: we shall require appropriate security from the borrowers and charge interest at Exchequer loan rates.
§ Mr. Whitakerasked the President of the Board of Trade whether he will take steps, as a means of helping the national tourist interest, to establish state-run hotels, in view of the fact that they have been successfully established in many continental countries.