§ 40. Mr. Ellis Smithasked the Chancellor of the Exchequer whether the public apprehension about an approaching recession in employment is based upon the slackening in stock and commodity speculation, or upon production, or the state of the world markets?
§ The Chancellor of the Exchequer (Sir John Simon)I am not aware of any widespread apprehension of this nature, and if it exists in any quarter it should be dissipated by the latest figures of production and employment.