§ 41. Mr. Dayasked the Chancellor of the Exchequer whether he now has any further statement to make on behalf of the Government relative to the insurance on a national basis of property against the risks of air bombardment; and when it is the intention of the Government to introduce legislation to deal with this subject?
§ Sir J. SimonIn reply to the first part of the question, I have nothing to add to the statements which I have already made on this subject. As regards legislation, I would refer the hon. Member to the answer which my right hon. Friend the Financial Secretary to the Treasury gave on my behalf to my hon. Friend the 2978 Member for South-West St. Pancras (Sir G. Mitcheson) on 13th March, 1939.
§ Mr. DayIs the Minister aware that the Government's inaction is causing very detrimental effects upon transactions in property?
§ Sir J. SimonIf the statement which I made is carefully looked into, it will be found to state the position clearly.