HC Deb 22 March 1932 vol 263 cc868-9

asked the Chancellor of the Exchequer whether, in view of the economic financial position of this country and the Empire, the decline of the national income and commodity values, the state of unemployment and the consequences arising therefrom, he will consider the setting up of a committee, comprising representatives of this House, the Treasury, the Board of Trade, the Bank of England, trading banks, in- dustrialists, export merchants, and trade unions, to examine the position in regard to the complexity of Britain's domestic and overseas interests and to review all proposals relating to the reform of our monetary system and to crystallise into a practical scheme to be submitted to this House before the holding of the Imperial Economic Conference?


The questions to which my hon. Friend refers are receiving the constant attention of His Majesty's Government. The fullest advantage is taken of the existing arrangements for keeping in close contact with representative opinion, and I do not think that the setting up of a, special committee would be either necessary or desirable.