Insurance Fund (Government Contribution).

Oral Answers to Questions — Unemployment. – in the House of Commons on 13th March 1929.

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Photo of Mr Wilfred Wellock Mr Wilfred Wellock , Stourbridge

31.

asked the Minister of Labour whether, in view of the growing indebtedness of the unemployment insurance fund to the Exchequer, it is proposed to increase the Government contribution to the unemployment insurance fund?

Photo of Sir Henry Betterton Sir Henry Betterton , Rushcliffe

No, Sir, the contribution to the Unemployment Fund is fixed by statute.

Photo of Mr Wilfred Wellock Mr Wilfred Wellock , Stourbridge

Is it the intention of the Department to pass on a debt of £40,000,000 on the Fund to the next Government? Could not the matter be dealt with by inserting a Clause in the revised Unemployment Insurance Bill?

Photo of Sir Henry Betterton Sir Henry Betterton , Rushcliffe

No, Sir. In the opinion of my right hon. Friend, such a Clause is unnecessary.

Photo of Mr Thomas Shaw Mr Thomas Shaw , Preston

Will the hon. Member consult with the Chancellor of the Exchequer and try to persuade him, seeing that he has taken so many balances, to take this balance?