Former MP for Westminster St George's
I beg to move, That this House censures the Government for its policy of continuous additions to the public expenditure at a time when the avoidance of all new charges and strict economy in the existing services are necessary to restore confidence and to promote employment.' 4.0 p.m. This Motion, which stands in the name of my right hon. Friends and myself, is a Motion of Censure on the...
Hon. Members may say, "Cannot these borrowings be repaid out of the Insurance Fund?" Any pretence that that is possible at a future date is knocked on the head by the Government actuary. He reports that even if the administration of the Fund is tightened up so that 10 per cent. of those now drawing upon it are struck out of benefit, and even if the benefit were reduced by one-half, the Fund...
I ask the Government what they are going to do. It is no use for the Government to reply that they intend to wait until the Royal Commission has reported. That means a delay of, perhaps, two or three months. It means continuing to borrow £1,000,000 a week for current liabilities. It means an unbalanced Budget. It means a continued depression of the British financial system, both at home and...
Two or three months.
Cannot the right hon. Gentleman expedite publication, as, next Wednesday, there is a Motion for a Vote of Censure which will probably raise this question? If he does not publish the memorandum until after that, he will deprive the House of information except such as has been given in the "Times."
I wish the right hon. Gentleman could be more hopeful in the matter. It is only a question of printing. Surely he could promise it by the end of this week?
83. asked the Chancellor of the Exchequer whether the sum of £1,110,000 transferred from the Exchange account to the Exchequer, or any part of it, was included in the receipts estimated in his Budget; and whether it is intended to make any further transfers in this financial year?
Does the right hon. Gentleman intend to use it as miscellaneous revenue?
