§ 11. Mr. Charles R. Morrisasked the Minister of Posts and Telecommunications what proposals he has for the establishment of a European Postal Bank to assist in the financing of Post Office capital projects in contributing member countries.
§ Mr. ChatawayNone, Sir.
§ Mr. MorrisBut is not the Minister aware that lack of capital investment is preventing hundreds of thousands of people from having the telephone which they need and have a right to expect? Is he also aware that restrictions on capital investment are inhibiting the mechanisation and automation of the postal services? Surely he is not so complacent as to dismiss in this manner the suggestion contained in the Question?
§ Mr. ChatawayI do not believe that the suggestion in the Question offers any possibility of solution of the difficulties which the hon. Gentleman mentions.