HC Deb 24 February 1938 vol 332 cc523-4
78. Mr. Day

asked the Chancellor of the Exchequer whether, in view of the fact that the unemployment figures at the present time are over 1,800,000, he will state the attitude of the Government towards a proposal of a national loan for reconstruction and development purposes for mitigating unemployment?

The Chancellor of the Exchequer (Sir John Simon)

I do not think this proposal is an appropriate one.

Mr. Day

Are the Government still of the opinion that unemployment will still right itself without some such effort?

Sir J. Simon

That is a matter which cannot be dealt with by question and answer.

Mr. Herbert Morrison

Does not the right hon. Gentleman remember that this was a proposal of the Liberal party at the time he was a member of it?