HC Deb 01 February 1940 vol 356 c1275W
Mr. Rostron Duckworth

asked the Chancellor of the Exchequer whether he has made any calculation of the benefit which would accrue to the revenue in Income Tax, Surtax, Death Duties, Stamp Duties, and other ways if sufficient compensation is paid to the railways to enable them to place their financial arrangements on a sound basis?

Sir J. Simon

No such calculation has been made, nor is there a case for fixing payments to the companies at a higher level than the merits of the case justify.