§ 52. Mr. Osborneasked the Chancellor of the Exchequer how much, and which, local government 2½ per cent. issues and 2½ per cent. Treasury Bonds which the National Debt Commissioners took up last year as underwriters, have been sold in the last three months; and how much profit or loss has resulted.
§ Sir S. CrippsLike my predecessors, I do not propose to add further to the information regularly published regarding the securities held by Government Departments.
§ Mr. OsborneDoes the Chancellor's refusal to give the answer mean that he is trying to apply the folly and failure of his predecessor's cheap money policy?
§ Sir S. CrippsIt means nothing of the sort, but that I am following the example of e very other Chancellor of the Exchequer.