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Mr Frederick Pethick-Lawrence
asked the Chancellor of the Exchequer whether, in view of the raising of the limit from £10,000 to £50,000 of the amount free from control by the Capital Issues Committee, he will consult with the Industrial and Commercial Corporation with a view to ensuring that loans below £50,000 should only be provided by it when the objects of the firm or company seeking the accommodation...
Does not the Chancellor of the Exchequer recollect that when I asked that these financial corporations should exercise hot merely financial considerations but also national considerations he told me that I need not trouble about that because it would be attended to by the Capital Issues Committee? Now he has abrogated it by increasing the limit from £10,000 to £50,000. It makes a...
Are they allowed to take a public-spirited view? Are they not constrained to take merely a financial view?
Former MP for Edinburgh East
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