Skip to main content

Empire Trade

Volume 161: debated on Wednesday 14 March 1923

The text on this page has been created from Hansard archive content, it may contain typographical errors.

47.

asked the Prime Minister whether he is in a position to state when a Cabinet decision will be taken with reference to Grants-in-Aid to the Crown Colonies; whether the present Trade Facilities Act will permit of loans to Dominion Governments for purchases made in this country; and, if so, at what rate?

I hope to be able to announce a decision shortly. It is open to any Dominion and Colonial Government to ask for a guarantee under the existing Trade Facilities Act.

Is it contemplated that new legislation will be necessary to effect loans to the Overseas Dominions?