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National Finance

Volume 389: debated on Tuesday 11 May 1943

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Lend-Lease (Supplies To Russia)


asked the Chancellor of the Exchequer whether goods amounting in value to £170,000,000 actually arrived in Russia from this country under Lend-Lease, or whether that figure represents only the value of goods despatched?

As I explained in my Budget Statement, the figure of £170,000,000 represented the value of military supplies, including those sent from Canada, so far despatched to the U.S.S.R. from this country under Lend-Lease.

If my right hon. Friend will read his own speech, he will perhaps recognise that he did not say "despatched."

Government Borrowing (Bank Loans)


asked the Chancellor of the Exchequer how much new money has been created by the banks since the outbreak of war?

Advances by the clearing banks to their customers have fallen by over £200,000,000 since August, 1939. As regards loans by the banks to the Government, I have previously explained that the money out of which the banks lend to the Government is, broadly speaking, derived from deposits made by customers in the ordinary course of their business, and that there is no question of banks creating credit for the purpose of lending money to the Government.

Will my right hon. Friend now answer my Question? Is it not true that the new money created by the banks since the outbreak of war to the end of September last was approximately £1,500,000,000?

Colliery Houses (Taxation)


asked the Chancellor of the Exchequer for what purpose investigations are being made by inspectors of taxes into the yearly rental value placed on houses provided by colliery undertakings to their managers and men?

I am not aware of any general investigation of this character, but I will have inquiry made if my hon. Friend will let me have particulars of the cases to which she refers.

Has the Chancellor in contemplation the taxation of benefits of that kind?

Statutory Rules And Orders


asked the Financial Secretary to the Treasury whether, in addition to the monthly consolidated lists of Statutory Rules and Orders, he will make available monthly the Statutory Rules and Orders themselves consolidated in one cover?

No, Sir, I do not think that the public demand for a monthly consolidated edition would be sufficient to justify the additional paper, materials and labour that it would involve.

Will my hon. Friend say why there would be an increase in the paper issued, because if the orders were consolidated in one cover it would simplify matters, as it is difficult to keep pace with individual orders?

Regulations are consolidated at frequent intervals, and all Orders are consolidated annually, and to increase the number of returns would certainly need more paper.

Are they not consolidated only once each year, and that, five or six months after the close of the year?

My hon. Friend will realise that the greater number of members of the public are only interested in a very limited number of Orders.

Will my hon. Friend do his best to restrict the number of Orders, and then things will not be quite so difficult?

War-Time Missions, United States


asked the Financial Secretary to the Treasury the total numbers of the personnel of the United Kingdom war-time Missions in the United States of America, Service as well as civilian; and the proportion of this total represented by locally recruited staff?

The total number of staff in the United Kingdom war-time Missions in the United States at the end of February, the latest date for which figures are available, was aproximately 8,750. More than four-fifths of this total was represented by locally recruited staff, and of the United Kingdom based staff a substantial part were, of course, Service, not civilian, personnel.

Will my hon. Friend give as much publicity as possible to his answer in order to do away with the impression current in this country that there are 8,000 people from this country in Washington?

Can my hon. Friend say whether there has been any substantial reduction in those employed since his right hon. and gallant Friend left the Treasury to become Postmaster-General?

Rudolf Hess


asked the Secretary of State for Foreign Affairs whether the £15,000 worth of securities that Rudolf Hess had when he landed in Scotland are being used to pay for the keep of himself and family now in this country?

My hon. Friend is misinformed. Hess brought no British securities with him, nor is any member of his family in this country.

May I ask my right hon. Friend whether the man in question is still a prisoner of war in this country, and, if so, is he in any part of England?

He is still confined under the same conditions as those under which he was originally confined.

While Hess might not have brought any securities here, did he have any investments here before he came?

No, Sir, not that I am aware of; anyway he has not been able to touch any. All he brought with him were a few Mark notes, the value of which, the hon. Gentleman will understand, in this country is nil.

Can my right hon. Friend say whether the man in question is still in that bungalow down in Surrey?