London, Mar. 17.
In the House of Commons to-day the" Premier, Mr, Ramsay Mac-Donald, announced the constitution of the independent committee set up accordance with a resolution re~ cently yassed by the House, The committee will be called upon to make recommendations to the Chancellor of the Exchequer for effecting forthwith all possible re~ ductions in national expenditure in the, Supply Service, having regard especially to the present and pros pective 1 revenue."
"The Vremier said that the Government had consulted the other two parties and it was concurred that the committee should consist a chairman and six members, two being suggested by each party.
'Questions of policy involving ex= penditure would, he declared, re~ Main for the exclusive consideration Of the Cabinet, but the committes ould' review and indicate the effect of Party policies upon expenditure.
The chairman of the committee will be Sir George minent actuary, ex-presicont of the Prudential Assurance Ca. director of the British Overseas Bank; and the members be Lord Plender, Sir Mark Jenkinson, Sir Thomas Loyden and Messrs Ashley Cooper, Charles Nathan and Arthur Pugh—Wireless through Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.