HC Deb 01 November 1937 vol 328 cc550-1
78. Mr. Craven-Ellis

asked the Chancellor of the Exchequer whether he is in a position to make a statement which will reassure all sections of the community to the effect that the policy of the Government continues to be one which will give a continuance of a cheap and abundant supply of money and a general and progressive raising of the standard of living of the people?

Lieut.-Colonel Colville

As has been previously explained in reply to questions a cheap and abundant supply of money is not regarded as an object in itself, but as a means adopted for the improvement of trade activity and employment. There is nothing in present conditions to suggest that it is not still required for that purpose or that there is ground for any change in policy.