§ MR. STUART-WORTLEYasked the President of the Board of Trade, Whether it is his intention to introduce during the present Session a Bill to give effect to the recommendations of the Select Committee on Standing Order No. 167 (Payment of dividends out of capital during construction in the case of Railways)?
§ MR. CHAMBERLAIN, in reply, said, in the present state of Public Business the hon. Member would agree with him that it would be undesirable to introduce a Bill on this subject, unless legislation should prove to be absolutely necessary. He was informed that the objects contained in the recommendations of the Select Committee could be mainly attained, without legislation, by an alteration of the Standing Orders.
§ SIR JOSEPH PEASEgave Notice that, if the right hon. Gentleman brought forward a proposal for altering Standing Order 167, he should oppose such alteration on the ground that the Standing Order was in accordance with sound financial principles, and protected the public