§ 67. Mr. STRAUSSasked the Chancellor of the Exchequer whether, in view of the issue in this country of the State of San Paulo Seven per Cent. Coffee Realisation Loan, amounting to £8,000,000, he will consider setting up a board of national investment so that the capital resources of Britain can be directed into channels calculated to stimulate employment and revive depressed industries?
§ Mr. P. SNOWDENThe question of the direction of investment is under the review of the Macmillan Committee. Meantime, as my hon. Friend is aware, the Government have been giving the closest attention both to schemes of home development and to the question of capital resources for depressed industries in this country.
§ Mr. BRACKENIs it not necessary, if investment is to be directed properly, that we should have a new Chancellor of the Exchequer?