24 MARCH 1933, Page 3

The Government are waking up to the gaps in their

housing policy. On Tuesday Mr. Shakespeare produced calculations. showing what a remunerative investment to the capitalist would be the purchase of houses to be built by the Building Societies under the new Bill. On Wednesday Sir E.• Hilton Young brought out once again his determination to tackle the slums under the very generous Act of 1930. This' is another sign of the move being made by the Government towards a policy of cautious. expansion. Arrangements have been made for M.P.s to be addressed on this subject by notable economists. Mr. Keynes has already done so-, though the meeting was poorly attended because it clashed with the meeting of the India Committee. Mr. Keynes did not make a good impression, but only because he advocated the resumption of borrowing to pay the dole. That is a quite hopeless proposition to make to the -present House of Corrunoas, and if the expansionists desire to increase -the impression which they have already -made, they must -cultivate more political sense: •