HC Deb 09 November 1920 vol 134 cc1026-7W
Lieut.-Colonel CROFT

asked the Under-Secretary of State for the Colonies whether his attention has been called to the fact that British capital is being largely used on sugar, cotton, and wheat production in foreign countries; and whether there is any intention to take immediate steps to consider reconstruction from the point of view of the development of British territories?

Lieut.-Colonel AMERY

I am aware that a good deal of British capital is being used in developing foreign countries which, from the point of view of the public interest, might be more advantageously employed in the development of British territories. I can assure my hon. and gallant Friend that the Secretary of State is fully alive to the desirability of attracting British capital in order to develop the resources of the British territories under his control and to the bearing of such development upon the problem of reconstruction at home.