HC Deb 09 March 1908 vol 185 cc1094-5
MR. FIELD

To ask Mr. Chancellor of the Exchequer, whether he is aware of President Roosevelt's message to Congress respecting speculative gambling; whether he is aware of the measures then adopted by the Secretary of the Treasury, Mr. Cortelyou, and the Association of New York Bankers to check the financial panic under threats of prohibition of bear sales and of bull gambling in fictitious stocks and shares; and whether, in view of those facts, he will confer with the American Government to consider co-operatively some united action to prevent gambling in options and futures.

(Answered by Mr. Asquith.) I have followed very carefully the history of the recent financial crisis in America, but I do not think there would be any advantage in conferring with the United States Government in the manner suggested.