HC Deb 30 January 1930 vol 234 c1207W
Mr. ALLEN

asked the Prime Minister whether he will consider setting up a committee to inquire into the investment of British capital in, and loans of British banks to, industries in countries where wage standards are substantially below those operating in this country?

Mr. P. SNOWDEN

I have been asked to reply. I do not think that the appointment of a committee on this particular point would serve any useful purpose. General questions relating to the direction of investment will no doubt come under the review of the Macmillan Committee.