§ Sir L. Lyleasked the Chancellor of the Exchequer what public capital expenditure was defrayed by the central Government in each year 1931 to 1938 on activities productive of employment at home.
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§ Sir J. AndersonRelatively little capital expenditure (apart from any defence expenditure such as might be classed as of a capital character) is defrayed directly by the central Government, that of the Post Office being the only substantial item. But a large part of the capital expenditure of local authorities is aided by State grants and subsidies and perhaps my hon. Friend has this in his mind. The total capital expenditure of local authorities and of the Post Office in the years in question was:
£ millions. 1931 … … … 144.6 1932 … … … 109.6 1933 … … … 112.9 1934 … … … 106.4 1935 … … … 126.4 1936 … … … 153.3 1937 … … … 186.3 1938 … … … 201.2