§ MR. STUART SAMUEL (Tower Hamlets, Whitechapel)To ask Mr. Chancellor of the Exchequer whether he is aware that the French Government will require a stamp of 1 per cent. to be affixed to the new 2½ Consol Bonds to Bearer held in France when exchanged next April for the existing 2¾ Bonds, even when these latter already bear the full French stamp; and whether he will take steps to secure that the stamp may be transferred from the old Bonds to the new at a reduced charge, as was accorded to the French Government by the Inland Revenue in similar circumstances connected with the recent conversion of French 3½ Rentes into 3 per cent.
(Answered by Mr. Ritchie.) I am in communication with the Foreign Office on this matter.