asked the Minister for Finance if he will state the total amount of British securities held by all the funds controlled by his Department on (a) the 18th February, 1948; and (b) the 18th June, 1948.
Ceisteanna—Questions. Oral Answers. - British Securities.
The figures requested are (a) £45,860,916; (b) £49,614,416.
Has the Minister, therefore, directed that £4,000,000 more should be invested in what he used to describe as waste paper?
£3,750,000. I cannot prevent what is happening.
And that was done at the instance of the Minister for External Affairs?
We have to follow what is, possibly, a bad precedent, but once lines have been laid it is not possible to go on to new lines in four months.