Clause 2. — (Power for the Treasury to borrow.)

Part of the debate – in the House of Commons on 5th August 1942.

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Photo of Viscount  Turnour Viscount Turnour , Horsham and Worthing

The ordinary peacetime system, by which we have a discussion on these matters on the Budget, is hardly applicable to the circumstances at these times. I hope that this point, which is not a frivolous but a substantial point, will be considered. As several of my hon. Friends have suggested, we should have not once a year but more often, a more or less full-dress Debate on our financial position.