§ 39. Mr. MABANEasked the Chancellor of the Exchequer whether he is aware of the manner in which industrial development is being assisted by the policy of cheap money; and whether, in order to secure that the benefits of the policy may continue, he will declare his intention not to relax the measures of control at present being applied to foreign lending?
Mr. MORRISONMy hon. Friend correctly implies that the Government policy is proving its value to industrial development; he may rest assured that the Government will continue to do everything in their power to maintain and enlarge the industrial interests of the country.
§ Mr. MABANEWould the hon. and learned Gentleman mind replying to the second and important part of the question?
Mr. MORRISONI would ask my hon. Friend to rest content at this stage with the more comprehensive assurance I have given him.
§ Mr. LEWISWill my hon. and learned Friend bear in mind that foreign lending has been in the past and may be again in the future of great assistance to our export trade?