§ 69. Mr. KINGasked the Chancellor of the Exchequer when he expects to be in a position to receive American bonds and negotiable securities in connection with his scheme for upholding the American exchange; and whether he intends to issue a statement which will guide those who are in a position to co-operate with him by selling or depositing their American securities?
§ Mr. McKENNAI would refer my hon. Friend to the memorandum printed in the "Gazette" for Friday last, 17th December. A further statement for the guidance of individual holders will be issued to-morrow. Lists of securities received from large holders such as insurance and trust companies are now under examination, and these holders will be asked to send in such securities as may be accepted as soon as the examination is complete.