HC Deb 22 August 1940 vol 364 cc1509-10W
Mr. Lewis

asked the Chancellor of the Exchequer whether he is aware that grave inconvenience is being caused to many holders of those securities in which dealings have been prohibited for the past two months; and whether he will now arrange either for the securities in question to be purchased from the present holders or for negotiable certificates of deposit to be issued in place of the securities?

Sir K. Wood

I fully recognise the inconvenience which has been caused to individual holders, but it is necessarily a task of some magnitude to arrange the securities in question so that immediate delivery can be undertaken in case sales are made. Every effort is being made to expedite the conclusion of this work and the House may be assured that an announcement will be made at the earliest possible date.