§ MR. KEIR HARDIE (West Ham, S.)
I beg to ask the Solicitor General whether, in view of the widespread suffering caused by the failure of the Liberator Building Society, and the fact that if compelled to 1781 immediately realise the assets nothing like the full value will be obtainable, the Government can in any way intervene to protect the depositors and shareholders against the loss which would thus ensue?
§ THE SOLICITOR GENERAL (Sir J. RIGBY,) Forfar
The Official Receiver has taken all the steps in his power to protect the interests of the shareholders and depositors of the Society. Arrangements have been made by him and the Committee of Inspection to realise the assets to the best advantage, and the Government cannot further intervene.