§ 25. Mr. HAMMERSLEYasked the President of the Board of Trade what practical proposals are envisaged by the offer of supplementary lines of assistance yet to be devised for schemes of amalgamation in the cotton trade?
§ Mr. W. GRAHAMThe hon. Member no doubt refers to the statement by my right hon. Friend the Home Secretary which appeared in the Press on the 21st November. In explaining that, since financial assistance cannot be expected from the Government schemes must be supported by agencies referred to in the report or by supplementary lines of assistance yet to be devised, my right hon. Friend did not intend to convey that proposals were under consideration with a view to creating financial machinery additional to that already existing.
§ Mr. HAMMERSLEYIs it not the fact that all the proposals and suggestions which the Government have made to help the cotton trade have, on examination, proved to by a myth, and would it not be fair to say in respect of any suggestions made by the Government to help the cotton trade, either now or in the future, that they are all humbug?
§ Mr. GRAHAMNo, Sir. Neither statement of the hon. Member will bear the slightest examination.
§ Mr. CHARLES WILLIAMSArising out of the original answer—