HC Deb 03 February 1931 vol 247 cc1625-6
52. Dr. MORGAN

asked the Chancellor of the Exchequer whether he is aware that a memorandum or questionnaire has been submitted by the Treasury or Treasury officials to bankers, insurance companies, and large industrial undertakings submitting, amongst other things, the expediency of general reduction in wages; and whether such a memorandum has been submitted with his knowledge or by his authority?

Mr. P. SNOWDEN

I am aware of a rumour that some such document has been issued. It has no foundation whatever.