HC Deb 20 February 1934 vol 286 c171
49. Mr. COCKS

asked the Chancellor of the Exchequer whether his attention has been called to the endeavour of the President of the United States of America to restrict the use of stock exchanges for purely speculative operations and, in particular, to limit the practice of buying and selling on margins; and if he will consider the advisability of taking similar action in this country?

Mr. CHAMBERLAIN

I have noticed the proposals of the United States Government, but the conditions obtaining in the United States are so widely different from conditions here that little guidance can be obtained from them.

Mr. COCKS

Why is the National Government so less enterprising than the Government of America in dealing with these gambling evils, in spite of the exhortations of the Minister of Agriculture? Will the right hon. Gentleman consult the Minister of Agriculture?