The third reading of the Finance Bill on Friday also
produced an interesting debate. The best speech came from Mr. Boothby, who masked his criticism well, as became a nominal supporter of the Government. His theory that building activity is the chief factor in indus- trial recovery is highly suggestive. It has good authority behind it, and its conclusion, of course, is that the Government ought to take in hand extensive loan ex- penditure upon housing. Mr. Morgan Jones, for the Labour Party, seemed to miss the self-confidence with which only a platform can endow the advocate of a weak case. Mr. Chamberlain's reply could afford to I pensive, and the only spark about it was his repetition of the view that this country must seek compensation in home and Empire markets for a practically irrecover- able loss of foreign markets. .
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