asked the President of the Board of Trade when is the Govern- ment's scheme for financial assistance to approved amalgamations in the cotton spinning trade to come into force.

I would refer the hon. Member to the reply given on 22nd April to the hon. Member for Darwen (Mr. Prescott)

As there are widespread reports that the scheme will come into effect on 1st May, could not the Parliamentary Secretary give us a definite statement now?

I am afraid I cannot. It is possible that it may come in on 1st May. A statement will be made as soon as possible.

It is only a week away