Skip to main content

Economic Resources (Mobilisation)

Volume 359: debated on Thursday 11 April 1940

The text on this page has been created from Hansard archive content, it may contain typographical errors.

45.

asked the Prime Minister whether he has given further consideration to the economic problems that arise in modern war which call for super-national organisation; and whether it is now proposed to mobilise the whole economic resources of the nation and to ask for the economic co-operation of all nations allied and sympathetic towards the Allies, and to set up an economic general staff of a Ministry of Economic Planning or some suitable machinery that will work efficiently and meet the needs of the time?

I think that the hon. Member is overlooking completely the machinery that has been set up for the co-ordination of the economic war efforts of the Allies. The general nature of these arrangements was announced after the meeting of the Supreme War Council on 17th November last: they have since been extended and improved in many directions. All this machinery is functioning with great success and I cannot see how any better super-national organisation could be devised. As regards economic co-operation with the Empire, close liaison is constantly maintained through the regular established channels, as well as by special missions where desirable. There is also a direct contact between the Economic Departments of the British and French Colonial Offices, and matters of common interest are under constant discussion between them. I would add that His Majesty's Government make it their constant endeavour to cultivate the closest possible economic relations with all friendly nations. As regards the last part of the Question, I am not in a position to add to statements made on behalf of His Majesty's Government in recent Debates in this House.