HC Deb 10 July 1934 vol 292 c159
35. Captain FULLER

asked the Chancellor of the Exchequer whether he has considered the desirability of reconciling the interests of the holders of foreign bonds with those of producers in this country; and if he will undertake an investigation of the problem?

The CHANCELLOR of the EXCHEQUER (Mr. Chamberlain)

Ever since exchange restrictions and similar measures were imposed by foreign countries, His Majesty's Government have had under constant consideration their effect upon both trading and financial interests in the United Kingdom. As stated in the reply given by my hon. and gallant Friend, the Secretary to the Overseas Trade Department, to my hon. Friend the Member for the Platting Division (Mr. Chorlton) on the 13th February, 1933, His Majesty's Government make a practice, in these matters, of obtaining the advice of a committee on which traders, industrialists and bankers are all represented. In these circumstances, I do not consider that a fresh investigation of the problem referred to by my hon. and gallant Friend is necessary.

Captain FULLER

May I ask whether the farming interest is represented on this committee as well?


I should like notice of that question.