41. Colonel SANDEMAN ALLEN
asked the Chancellor of the Exchequer whether his attention has been drawn to the public gambling in rubber shares and in rubber on the English stock exchanges and commodity markets; and will he, so as to encourage genuine business and in order to prevent a repetition of the disasters which resulted from similar gambling in rubber shares and rubber in 1925, seek legislative power to provide that transactions of the kind mentioned above shall only be for cash with order?
A rise in the price of the commodity and, therefore, in the shares of producing companies following the announcement of the recent scheme was not unnatural. I see no reason for the Government to seek power to intervene in the manner suggested by my hon. and gallant Friend.