Local Authorities' Loans.

Part of Oral Answers to Questions — Military Training. – in the House of Commons at on 5 June 1939.

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Photo of Captain Harry Crookshank Captain Harry Crookshank , Gainsborough

On 31st March, 1939, the balance of principal outstanding in respect of loans from the Public Works Loan Board to local authorities was £311,021,449 19s. 1d. At the same date four local authorities were in default.