Part of the debate – in the House of Commons am ar 25 Gorffennaf 1922.
At present they are on the ground, and are either freehold or leasehold. In that case the matter will be determined by the earlier portions of the Amendment, limiting the borrowing powers to the unexpired period. I do not see myself that there ought not to be some control. Some general words might provide for it, such as putting in the words, "having regard to any security." At any rate it should be for a period not exceeding 60 years. Therefore, I think the House will be well advised to insist upon the Amendment.