§ 44. Mr. R. C. MORRISONasked the Chancellor of the Exchequer whether he will consider the advisability of extending the powers of the Foreign Loans Advisory Committee to cover short-term banking and commercial credits?
§ The CHANCELLOR of the EXCHEQUER (Mr. Chamberlain)No, Sir. I do not think this proposal is practicable. I should be sorry, moreover, to impose any restriction which would interfere with the normal and legitimate business of the London market and would only aggravate the difficulties with which British traders have to contend.