MR. J. F. HOPE (Sheffield, Brightside)I beg to ask the First Lord of the Treasury if he is prepared to appoint an Inter-departmental Committee to consider the bearing of the present financial system of the country on effective warlike preparation in times of crisis and to report whether, by the establishment of a money reserve or otherwise, any changes in that system are desirable.
§ MR. A. J. BALFOURI am aware my hon. friend has given much time and trouble to this subject, but technical reasons influence the Treasury and induce me to ask him to allow me to consider his request further. I will communicate with him on the subject, but I hope he will not assume that further consideration will necessarily end in a favourable reply to his Question.