HC Deb 17 July 1941 vol 373 cc723-4
31. Mr. Stokes

asked the Chancellor of the Exchequer to which group or groups of investment bankers in the United States of America His Majesty's Government sold 95 per cent of the Courtauld holding in the American Viscose Corporation?

Sir K. Wood

As the reply contains a list of the names of 17 firms, I am having it circulated in the OFFICIAL REPORT.

Following is the list of firms purchasing shares in American Viscose Corporation from His Majesty's Treasury:

32. Mr. Stokes

asked the Chancellor of the Exchequer whether he will give the names and occupations of those who counselled him in the sale of the American Viscose Corporation?

Sir K. Wood

No, Sir.

Mr. Stokes

Should I be wrong in suggesting that possibly it was Sir Edward Peacock who advised the Chancellor?

Sir K. Wood

No, the hon. Member must not put too much faith in his own accuracy in the matter.

Mr. Stokes

Does the right hon. Gentleman pay any regard to what is stated in reputable American newspapers as to what has been going on?

Sir K. Wood

I give due weight to all these matters, including representations made to me by the hon. Member.