§ SIR W. LAWSON
I wish to ask the President of the Board of Trade whether he is correctly reported to have said at Bristol that—The brewer and the publican may surely not feel dissatisfied at the important recogni- 980 tion of the principle of compensation for licences taken away without any default of their holders;and, if so, whether this statement is to be understood to mean that the Government intend by their proposal to give an increased value to licensed houses?
§ *SIR M. HICKS BEACH
I think that the hon. Member has accurately quoted the purport of my observations, but I cannot accept the inference he has drawn from them. In my opinion fair compensation will not give increased value, but protection against possible injustice.