§ MR. E. WOOD
asked the Minister of Health whether he has received representations from local authorities as to the high rate of interest they have to pay on loans for housing; and what steps he intends to take to meet the difficulty?
§ Dr. ADDISON
I have received representations from a few authorities that the rate of interest now asked for loans is higher than has been required in the past. A Committee appointed by the Treasury is now considering what steps should be taken by local authorities to facilitate the raising of capital for housing schemes.