HC Deb 20 March 1930 vol 236 cc2158-9W

asked the Chancellor of the Exchequer if he will consider the advisability of establishing a board of national investment with a view to directing such capital resources as may be subject to the control or influence of the Government into the most appropriate channels in the national interest?


I presume that the hon. Member is referring to the proposals set out in pages 111 to 115 of the Liberal Yellow Book. He will realise that it is not possible to discuss matters of such magnitude by way of Parlia- mentary question and answer. I may say, however, that apart altogether from other considerations complicated and controversial legislation would be required.