HC Deb 01 May 1933 vol 277 cc516-8W
Mr. LOGAN

asked the Chancellor of the Exchequer whether his attention has been drawn to the disclosures in the evidence at the Guildhall, on 13th April, respecting the manipulations of Chosen shares by agreement, dated 26th June, 1929, with brokers and jobbers under the rules of the London Stock Exchange; and will he take steps to oblige the committee of the Stock Exchange either to construct safeguards to protect the public against the results of pool and syndicate price fabrications such as were disclosed in evidence or to accept a charter?

Mr. HORE-BELISHA

My right hon. Friend cannot deal with the hon. Member's suggestion while the case is before the courts.

Mr. LOGAN

asked the Attorney General whether he will now consider setting the law in motion against those members of the London Stock Exchange who were concerned in the Chosen-Harman-Rock agreement of June, 1929?

The SOLICITOR-GENERAL

The agreement referred to in the question is one of the matters in issue in criminal proceedings which are at present pending. I am not, therefore, prepared to express any opinion as to the propriety of taking the suggested action while these matters aresub judice.