§ 20. Lieut.-Colonel Liptonasked the Chancellor of the Exchequer to what extent he now estimates that the proposed economies of £100 million will be effected in the current financial year.
§ Mr. H. MacmillanApart from certain defence items, I know of no reason at present why the savings on the particular services to which I referred in my announcements should not be effected. For defence, I would refer the hon. and gallant Member to the reply which I gave to the hon. Member for West Ham, North (Mr. Lewis), on 22nd November last.
§ Lieut.-Colonel LiptonIs the Chancellor aware that, in accordance with the promise he made on 25th October, he has still to announce another £6¾ million worth of economies to bring the total up to this fictional £100 million? When will he let us know—or is he just satisfying the need to the extent of 93 per cent. of his original promise?
§ Mr. MacmillanIf all promises were satisfied to that amount, it would not be too bad.