§ Mr. GRENFELLasked the President of the Board of Trade whether, in view of the evidence in regard to the pepper and shellac speculations, he has considered the desirability of introducing legislation to prohibit banks from giving direct or indirect support to similar operations; and whether he will make it incumbent upon the custodians of banking deposits to sever their connection with any company likely to be involved in such transactions?
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§ Mr. RUNCIMANI have considered this evidence but I do not think it suggests that the introduction of legislation such as the hon. Member has in mind would be desirable.