The hon. Lady is prattling on about the extent to which the bank will operate in future. Has she looked at article 14? Has she looked at the terms and conditions for loans and guarantees? That is the crucial point in relation to this proposal. The terms and conditions on loans and guarantees lay down and prescribe the basis on which loans are to be made. I have no doubt that the hon. Lady will know the basis on which the loans will be enjoyed by the recipient countries. Does she know what the basis of those loans and guarantees will be? I think that she is talking through her hat.