HC Deb 26 November 1953 vol 521 cc502-3
13. Mr. G. R. Strauss

asked the Chancellor of the Exchequer to how many applicants the Iron and Steel Realisation Agency have allotted shares in the United Steel Companies.

Mr. Boyd-Carpenter

About 52,000 applications were received, and in all cases shares have been allotted for either the whole or part of the amount applied for.

Mr. Strauss

Could the hon. Gentleman tell the House what service these 52,000 people are to render to the iron and steel industry?

Mr. Boyd-Carpenter

The very good service of returning it to private enterprise.