§ 48. Mr. Boothbyasked the Chancellor of the Exchequer whether, in view of the decision of the Government to introduce military conscription, he will consider the advisability of establishing a greater measure of control over private in vestment?
§ The Chancellor of the Exchequer (Sir John Simon)The position will be kept under review in order to assure that the need for capital for national defence is met.
§ Mr. BoothbyDoes not my right hon. Friend consider that under existing conditions it is desirable to exercise some sort of control over the direction, if not of the volume, of private investment?
§ Sir J. SimonAs my hon. Friend knows, there are a number of very large considerations involved here which we can hardly discuss by Question and Answer.