§ 31. Mr. Jay
asked the Chancellor of the Exchequer whether he will now estimate the increase in Government expenditure on debt interest in the year 1952–53, due to the rise in the Treasury Bill rate.
§ Mr. R. A. Butler
I am not yet prepared to add to what I said in the Budget debate and my hon. Friend the Financial Secretary said in the debate on the Second Reading of the Finance Bill.
§ Mr. Butler
The right hon. Gentleman is trying to bait me with his own figures to give one of my own. I am not willing to give a figure at the present time since, quite frankly, I have not an exact figure to give. Directly I have one to give, I think it should be in the possession of the House. Meanwhile, I would advise the House not to accept the exaggerated statements of the right hon. Gentleman.