§ Mr. Liddallasked the Financial Secretary to the Treasury whether, in order to reduce administration costs, and to facilitate their work under the Act of 1874, he will request the registrar to call a conference of the 977 building societies of various types operating in Great Britain; and endeavour to bring about amalgamations of building societies transacting business in adjoining counties, or even in more distant areas?
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§ Captain WallaceI am advised that the Registrar has no power to call such a conference, nor would it be proper for him to make suggestions to individual societies that it would be in their interests to amalgamate with other societies.