Trade Facilities Acts.

Part of Oral Answers to Questions — Scotland. – in the House of Commons at on 10 March 1925.

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Photo of Mr Irving Albery Mr Irving Albery , Gravesend


asked the Chancellor of the Exchequer whether he will consider the advisability of imposing a tax of 1 per cent. annually on the capital amount of all loans in future raised with the British Government guarantee under the Trades Facilities Act, seeing that this, besides being of benefit to the Exchequer; would overcome many of the objections inherent in the present emergency measure?