§ MR. SEARS (Cheltenham)To ask Mr. Chancellor of the Exchequer if there is any necessity for the existence of two stamp distributors in the City, one at Telegraph Street, at £800 a year, where there are stamping presses, and a staff of stamp and excise clerks and tax officials, another at the Stock Exchange, in the immediate neighbourhood, with a salary including allowances of £900 a year, an assistant at £500, and a staff of clerks; and will he make inquiry into these arrangements.
(Answered by Mr. Asquith.) Having regard to the quantity and the character of the work which has to be done I am of opinion that the retention of the two offices is absolutely necessary.