§
Motion made, and Question proposed,
That the National Debt Commissioners shall, as and when the Treasury request, pay into the Exchequer out of their account of unclaimed dividends, under Part VII of the National Debt Act, 1870, sums not exceeding in the whole one million pounds, and may for that purpose sell any stock standing to the credit of that account."—[Mr. A. M. Samuel.]
§ Mr. MORGAN JONESMay we not have some explanation of this Resolution?
§ The FINANCIAL SECRETARY to the TREASURY (Mr. Arthur Michael Samuel)This is the Money Resolution which is necessary in order to allow the National Debt Commissioners to pay the sum of £1,000,000 into the Exchequer, as provided in Clause 20 of the Finance Bill.
§ Mr. KIRKWOODrose—
§ The CHAIRMANDoes the hon. Member rise to object?
§ Mr. KIRKWOODYes, Sir.
§ Objection being taken to further Proceeding, the Debate stood adjourned.