Part of the debate – in the House of Commons am 12:00 am ar 5 Rhagfyr 1973.
In reply to my amendment to the Channel Tunnel (Initial Finance) Bill my right hon. Friend recognised the point which I was making. He said that it would amount to a wrecking amendment in the context of the Bill because Agreement No. 2 could not be signed if the amendment were carried. All I ask in the context of the Bill is that my right hon. Friend devise an amendment—my right hon. Friend cannot make the objection on this occasion that he made to my proposition on the last occasion—which would set a limit on the Government guarantee in the proportion of nine to one, so that 10 per cent. risk capital would need to be raised before the 90 per cent. guarantee applied in full. That is not asking a great deal.