§ 64. Lieut.-Colonel POWNALLasked 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?
§ Mr. SNOWDENI 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 POWNALLCannot the right hon. Gentleman say what will be the increase in the capital expenditure which will come into this year's accounts?
§ Mr. SNOWDENThat, of course, depends entirely on the number of houses completed during the present financial year.