§ MR. WEDGWOOD (Newcastle-under-Lyme)To ask Mr. Chancellor of the Exchequer whether he has any information as to the number of holders of French Rentes and of British Consols respectively; and whether he will appoint a small Committee to consider the alterations that might be made in the present system of subscribing to, transferring, and registering Consols with a view to increasing their popularity with the small investor, and thereby securing a more steady and more open market, thus improving the credit of the country.
(Answered by Mr. Lloyd-George.) I do not possess the information in regard to the number of holders of French Rentes which would enable me to make the comparison asked for by my hon. friend; but I am willing to take steps to procure these particulars, if he would wish me to do so. I am aware that 1571 there has been some discussion as to the superior merits of the French system for the purpose which my hon. friend has in view; but, as at present advised, I do not propose to appoint a Committee.