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Empire Trade

Volume 161: debated on Wednesday 14 March 1923

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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?