HC Deb 05 May 1931 vol 252 cc192-3
30. Captain PETER MACDONALD

asked the President of the Board of Trade whether he will consider publishing as a White Paper such information as is available relating to the provisions which are made by private financial houses for the re-equipment of industry in this country on long-term credits?

Mr. W. GRAHAM

As I have already informed the hon. and gallant Member, I have a certain amount of information on this subject, but it is not sufficiently comprehensive to enable me to adopt his sug- gestion. The subject is one which, I understand, falls within the terms of reference of the Committee under the Chairmanship of Lord Macmillan which is now considering the relationship between finance and industry, and I would suggest that the hon. and gallant Member await the publication of the report of that Committee.

Captain MACDONALD

Has the right hon. Gentleman any idea when this report will be presented?

Mr. GRAHAM

Subject to correction, I think other Members of the Government have indicated that it is expected comparatively soon. The precise date I could not say.