§ Mr. GODFREY COLLINSasked the Chancellor of the Exchequer if he is aware that the present regulations concerning the sale and transfer of Consols were issued in 1716; will he say whether a large banking concern in London is the principal opponent of a change being made to simplify the sale and transfer of Consols; and when will he be able to issue new regulations on the subject?
§ Mr. LLOYD GEORGEThe present system of transfer cannot be altered without legislation, and, as I have already stated I hope to take the necessary steps for this purpose at an early date.