§ 78. Mr. Dayasked 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. DayAre the Government still of the opinion that unemployment will still right itself without some such effort?
§ Sir J. SimonThat is a matter which cannot be dealt with by question and answer.
§ Mr. Herbert MorrisonDoes not the right hon. Gentleman remember that this was a proposal of the Liberal party at the time he was a member of it?