HC Deb 11 April 1927 vol 205 cc20-1
46. Mr. HAYES

asked the Prime Minister whether he can now say if he proposes to appoint a Committee to investigate and report upon the recapitalisation of the Lancashire cotton trade during the years 1919 and 1920, and the manner in which reflotation took place, involving heavy financial losses, including the life savings of many working men and women in Lancashire?

Sir B. CHADWICK

I have been asked to reply. I would refer the hon. Member to the answer given on the 5th May last to the hon. Member for the Gorton Division to which I have nothing to add. I am sending him a copy.

Mr. HAYES

Has the hon. Member full information as to the tremendous losses of the working classes in Lancashire when this gambling went on?

Sir B. CHADWICK

I think all the particulars are known, and we are expecting to have the official receiver's report shortly.

Sir JOSEPH NALL

Is the hon. Member aware of the losses sustained by the working classes in Lancashire by the present situation in China, and will he convey that information to hon. Members opposite?

Mr. HAYES

Is the hon. Member aware that the working classes of Lancashire have already protested against any further waste of public money in China?