HC Deb 06 May 1924 vol 173 cc221-2
64. Lieut.-Colonel POWNALL

asked the Chancellor of the Exchequer what sum he has set aside in the Budget for the housing schemes which have been, or are to be, a brought forward by the present Government?


I would refer the hon. and gallant Member to what I said in my speech on Thursday last. He will appreciate that the initial expenditure on a housing scheme is capital expenditure and not a direct Budget charge.

Lieut.-Colonel POWNALL

Cannot the right hon. Gentleman say what will be the increase in the capital expenditure which will come into this year's accounts?


That, of course, depends entirely on the number of houses completed during the present financial year.