§ Mr. HARMSWORTHasked the Prime Minister whether State and municipal banking form part of the financial policy of His Majesty's Government; and, if so, whether it is proposed to introduce legislation giving effect to it?
§ The PRIME MINISTERI would refer the hon. Member to the answer which I gave him on the 12th March last and to my reply of the 10th March to the hon. Member for Windsor (Mr. A. Somerville). I would remind the hon. Member that municipal banks are already in existence.