§ Sir JOHN HARMOOD - BANNERasked the Chancellor of the Exchequer whether he is aware that the Treasury has recently refused permission to holders in this country to ship Canadian share warrants for the purpose of transferring the shares out of the names of registered holders, whose interest in them has ceased, into the names of the present owners in this country, solely with the object of enabling the present owners to obtain the dividends upon these shares, which are at present posted to the former holders, and that, consequent upon this refusal, the present owners may be unable to collect the dividends; and if he will state what object is served by withholding permission to ship such share warrants for the purpose indicated and consider an amendment of the present practice safeguarded, if considered necessary, by a declaration that the share warrants are not being sent overseas for the purpose of sale?
Mr. CHAMBERLAINI am not aware of such a case, but if my hon. Friend will furnish me with particulars I shall be happy to make inquiry. Under the terms of the notice issued on the 2nd January, 1919, securities may be sent abroad for registration and the necessary permit for reimport can be obtained from the American Dollar Securities Committee, 19, Old Jewry, E.C.