HC Deb 04 October 1939 vol 351 cc1937-8
38. Mr. Ridley

asked the Minister of Transport whether he can now state what financial arrangements have been agreed to between the Government and the rail- way undertakings now under the control of the Railway Executive Committee?

Captain Wallace

I have at present nothing to- add to the reply which I gave to the hon. Member on 20th September.

Mr. Ridley

Can the right hon. and gallant Gentleman say when this information is likely to be available in view of the fact that the existing uncertainty is giving rise to undesirable speculation in railway shares?

Captain Wallace

I hope that the matter will be settled soon, but I should not like to commit myself to a definite date.