66. Mr. De la Bèreasked the Chancellor of the Exchequer how long the Government intend to continue their present monetary policy, seeing that the supply of capital in Britain is being reduced and that there is no corresponding increase in the Bank Rate; and will the lack of resources in the money market be filled by artificially-created currency?
§ Mr. ChamberlainI cannot accept the suggestions in my hon. Friend's question that the supply of capital is being reduced and that there is a lack of resources in the money market. As regards the future of our monetary policy, I would 1179 refer him to the reply given to his questions on 12th April, to which I have nothing to add.
Mr. De la BèreIs it the intention of the Government to continue the unorthodox and unhappy experiment in finance on which they have been engaged for the last few weeks?