§ 73. Sir WALTER de FRECEasked the Minister of Heath whether, in view of the fluctuations of employment in certain 1237 areas, his Department has considered or will consider the establishment by the local rating authorities concerned of reserve funds in prosperous times against depression which comes at regular periods, seeing that such a policy would in those districts now styled necessitous obviate much of the recent financial embarrassmenets which exist?
Mr. CHAMBERLAINI have considered the proposal put forward by my hon. Friend, but there are considerable difficulties in connection with it, and, as it present advised, I do not think that the legislation which will be necessary to give effect to the proposal would be justified.