§ Mr. Sorensenasked the Chancellor of the Exchequer whether he is aware of the practice of reducing considerably the expenditure on cheque stamps by means of debtors transferring their accounts to a common clearing house together with one cheque for all these accounts and of creditors receiving from the clearing house one cheque to cover several accounts; and, as this leads to loss of revenue, will he take action respecting this commercial device?
§ Lieut.-Colonel Colville:My right hon. Friend is aware of the practice. While it affects an economy in the use of cheques, it is not one with which he would propose to interfere.