HC Deb 07 March 1922 vol 151 c1100W
Mr. LYLE

asked the President of the Board of Trade whether he will consider the desirability of introducing this Session a short Bill to create trustees in connection with slate and kindred clubs so as to avoid the frequent recurrence of defalcations about Christmas time?

Mr. YOUNG

I have been asked to reply. I fear that legislation on the lines suggested would not, in fact, be effective. The obvious remedy is that persons should be persuaded to invest their savings sensibly, for instance, in National Savings Certificates, or to place them in the Savings Bank.