HC Deb 12 April 1937 vol 322 c637W
Dr. Leech

asked the President of the Board of Trade whether he is aware that finance houses are seeking to obtain control of Lancashire cotton mills by purchase of their paper securities; and whether he will ask his economic advisers to watch such operations so that speculative resale, or re-capitalisation, or amalgamation, or re-financing of mills or factories may not be allowed to bring to those employed in industry disasters such as those which followed upon speculations in the ownership of mills or factories after the War?

Dr. Burgin

My right hon. Friend has received no information on this subject, but he would, of course, be glad to consider any information which my hon. Friend may care to give him.