§ 87. Mr. Jayasked the Chancellor of the Exchequer, in view of the large amounts borrowed by the Government from the clearing banks, what steps he has taken recently to draw the attention of the banks to the need for restraint in dividend policy.
§ Mr. R. A. ButlerI am satisfied that Her Majesty's Government's policy is well known to the banks; the need for reiteration does not therefore arise.