Sir F. HALLasked the Chancellor of the Exchequer whether his attention has been called to the proposal made at the recent conference of the Scottish Labour Housing Association that the Government should issue paper notes instead of borrowing from money owners and money lenders to pay for the new housing development scheme; whether the Government have considered this proposal; and if he will state whether the suggestion is considered a practicable one?
§ Mr. SNOWDENI have not seen the proposal referred to by the hon. and gallant Member. The answer to the remaining parts of the question is in the negative.