§ 69. Sir K. WOODasked the Chancellor of the Exchequer if he is now in a position to make a statement as to the manner in which he proposes to deal with the deficiency in the national finances which arises from the acceptance of President Hoover's proposals?
§ The FINANCIAL SECRETARY to the TREASURY (Mr. Pethick-Lawrence)I cannot add to the answer my right hon. Friend gave to the right hon. Gentleman the Member for the Edgbaston Division (Mr. Chamberlain) on 29th June.
§ Sir K. WOODIs it proposed to make any statement on the matter before the Summer Recess?
§ Mr. PETHICK-LAWRENCEI must ask for notice of that question.
§ 70. Sir K. WOODasked the Chancellor of the Exchequer if he will state the total amount of extra financial commitments incurred by the present Government since its accession to office?
§ Mr. PETHICK-LAWRENCEThe expenditure apart from transitional benefit amounts to between £14,000,000 and £15,000,000 in the current year.
§ Sir K. WOODWhat is the grand total?
§ Mr. PETHICK-LAWRENCEI must ask the right hon. Gentleman to put that question down.
§ Sir K. WOODThe hon. Gentleman ought to be able to tell us.