Abstract
ONE of the commonest indictments of the financial structure in Great Britain as compared with, for example, Germany and the United States of America, has been the reluctance of our banking system to make advances for the financing of new industrial enterprises or the reconstruction on modern lines of established industries. There has, indeed, existed a definite gap in our national organisation, to which the Macmillan Committee directed attention, and to close which it suggested the development of a new body or Board of National Investment. Reference has frequently been made to this gap in recent months, notably in a letter to the Prime Minister from Mr. T. D. Barlow, the chairman of the Lancashire Industrial Development Council.
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Financing Research. Nature 131, 289–291 (1933). https://doi.org/10.1038/131289a0
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DOI: https://doi.org/10.1038/131289a0