§ 84. Sir K. WOODasked the Chancellor of the Exchequer whether he has any further proposals to make to encourage closer relations between industry and banking, so that advantages similar to those enjoyed in the United States of America and Germany in the way of industrial banks, and generally in facilities for the development of new enterprise, may be made available in this country?
§ The FINANCIAL SECRETARY to the TREASURY (Mr. Pethick-Lawrence)My right hon. Friend is not at present able to add to the reply which he gave to the right hon. Gentleman on this subject on the 18th November last.
§ Sir K. WOODIs not the Chancellor of the Exchequer aware that this is another of the proposals to which the right hon. Member for Carnarvon Boroughs (Mr. Lloyd George) attaches great importance, and is he not going to take some action in the matter?
§ Mr. PETHICK-LAWRENCEI am aware that this is a very important question.
§ Sir K. WOODBut is not the Financial Secretary aware that the right hon. Member for Carnarvon Boroughs attaches great importance to this proposal?
§ Mr. MILLSMay I ask whether the advantages which have been enjoyed in the United States and Germany are reflected in the unemployment figures of those two countries?