HC Deb 13 April 1937 vol 322 cc779-80
42. Mr. Johnston

asked the President of the Board of Trade whether his attention has been drawn to the evidence given in a recent case against the Industrial Bank of Great Britain and Ireland, Limited, of South Place, London, E.C.; whether he is aware that this bank is not transacting any banking business; that a notorious share pusher called Maurice Singer is, or was, associated with the management of this bank; and whether there is any evidence arising out of the case which it is desirable to communicate to the Bodkin Committee on Share-Pushing?

Mr. Runciman

I have seen a report of the case referred to by the right hon. Gentleman, and I understand that the attention of the Departmental Committee on Share-Pushing has been drawn to the activities of the company in question.

Mr. Johnston

Can the right hon. Gentleman do nothing about it?

Mr. Runciman

We have set up a committee which has carried its inquiry to a considerable distance, and we shall receive their recommendations, on which I hope to act.

Mr. Johnston

Can the right hon. Gentleman say when he expects to receive the report of the Bodkin Committee?

Mr. Runciman

I am afraid that I cannot.