§ Captain Viscount WOLMERasked the Chancellor of the Exchequer whether the object of the new restrictions upon capital issues is to oblige investors to invest their capital in Government securities instead of in the expansion of British trade?
§ Mr. BALDWINThe object of the restrictions is as set out in the terms of the Committee's reference given in the answer to the hon. Member on the 20th February.
§ Mr. HIGHAMasked the Chancellor of the Exchequer how long a time will elapse before the Treasury decides for or against any particular new issue of capital; and has every provision been made to give decisions with all possible speed?
§ Mr. BALDWINEvery possible step will be taken to give decisions speedily.
§ Mr. HIGHAMasked the Chancellor of the Exchequer if, should the Treasury 410W decide against any particular issue of new capital, the applicant has any right of appeal against their decision; and, if so, to whom?
§ Mr. BALDWINI would refer the hon. Member to the answer I gave on the 26th February to the hon. Member for West, Woolwich.