§ Sir B. FALLEasked the Chancellor of the Exchequer whether in view of the losses in recent years incurred by the public subscribing to Stock Exchange flotations, he will maintain the embargo upon Stock Exchange new issues under limited liability until better protection against exploitation of the public has been afforded by a strengthening of the provisions of the Companies Act, 1929?
Mr. CHAMBERLAINQuestions as to the provisions of the Companies Acts are for my right hon. Friend the President of the Board of Trade. I do not think that they have any direct connection with the question of the restrictions,
£ at par. Great Britain … … 14th December* … £139,,422,000† £139,422,000 France … … 9th December … Frs. 83,343,870,000† £670,973,000. Germany … … 7th December … Rms. 804,069,000† £39,358,000. Italy … … 30 th November … Lire 5,825,700,000† £63,004,000. United States … … 30 th November … $4,338,000,000! £890,370,000. * The British figure is before gold was set aside for the purpose of the recent payment to the United States Government. † Central Bank holdings only. !Includes estimated amount of gold in circulation.