§ Sir JOHN BETHELL
asked the Chancellor of the Exchequer if he will consider the desirability of appointing a committee to inquire into the present position of Consols, and more especially as to the practicability of exchanging, at the option of the holders, the present 2½ per cent. Consolidated Stock at the price of 78 for a 3 per cent. stock at the price of 96 redeemable at 100 in 1940, in such order and manner as Parliament may direct?
§ Mr. LLOYD GEORGE
As I have already said, I am glad to consider all suggestions on this subject, but I have no definite statement to make at the present time.