HC Deb 16 November 1939 vol 353 c845W
Sir F. Sanderson

asked the Minister of Transport whether he can now indicate the basis on which the Government will compensate the railway companies for commandeering their property; and is he aware that, in the meantime, great difficulty is being experienced in giving a definite market value to the various classes of stock, and that it is causing hardship to many shareholders who have to realise their holdings to meet commitments and taxation; and, in view of the substantial increase in the traffics, will he consider giving the railway companies generous treatment, bearing in mind the importance of maintaining and increasing the value of this great national asset?

Captain Wallace

I would refer my hon. Friend to the reply given yesterday to my hon. Friend the Member for Evesham (Mr. Dc la Bére), to which I can at present add nothing.