§ 53. Mr. WISEasked the Chancellor of the Exchequer if he can see his way to pay dividends on all Government registered stocks quarterly instead of half-yearly?
§ Sir J. BAIRDThe answer is in the negative. I see no reason why an unconvenanted benefit of the kind proposed should be given to holders of Government stock without some equivalent being secured for the taxpayer.
§ Mr. A. M. SAMUELIf that proposal were put into operation, would it not cost us a sum of not less than £1,000,000 sterling out of taxation?