HC Deb 07 November 1921 vol 148 c11
33. Mr. MILLS

asked the Prime Minister whether the Government have made any recommendation to the banks to the effect that they should extend better credit facilities to merchants, manufacturers, and traders generally, with a view to increasing employment; and, if so, whether the Government have received any communication from any of the banks in reply?


The answer to the first part of the question is in the negative. The second part does not, therefore, arise. I feel confident that, with money as easy as it has been of late, the banks, who are fully alive to the urgency of the unemployment problem, have not been refusing credit unduly.


In view of the magnificent way in which banks were treated in 1914, does not the hon. Gentleman see his way to put pressure on them to help to provide employment in this particular juncture?


Is there any ground for the allegation that banks are not giving credit to those who are willing to give employment?


My hon. Friend will find that I have dealt with that point in the last part of my answer.