§ 54. Mr. Shinwellasked the Chancellor of the Exchequer when he expects to be in a position to make a statement on the proposed £500,000,000 defence loan?
§ Sir J. SimonI cannot at present say when such a statement is likely to be made.
§ Mr. ShinwellCan the right hon. Gentleman say whether it is likely that an attempt will be made to float the loan during the Parliamentary Recess?
§ Sir J. SimonI think all the precedents indicate that it is better not to make any statement on the subject. If the hon. Gentleman will allow me to suggest it to him, I think it would be better not to answer that question.