32. Mr. ALLENasked the President of the Board of Trade whether, in view of the widespread over-capitalisation which has been a feature of industrial promotion during recent years and of the adverse effects on employment, on wages, and on public confidence which have resulted therefrom, His Majesty's Government will set up a commission to inquire into the evil with the object of checking its continuance?
§ Mr. W. GRAHAMThe hon. Member is no doubt aware that over-capitalisation is fully discussed in the volume "Further Factors in Industrial and Commercial Efficiency," issued by the Committee on Industry and Trade. The question will, of course, be within the scope of any inquiries which may be made into particular trades.