It is certainly not my intention to frustrate contracts already entered into, and I can assure the right hon. Gentleman that am well aware of the desirability of avoiding the sort of situation he contemplates.
Would the right hon. Gentleman convey the terms of that satisfactory reply to his right hon. Friend the President of the Board of Trade and suggest that he applies them to the Control of Office and Industrial Development Bill?
Will my right hon. Friend bear in mind that he is being asked in this Question to allay anxiety? Will he allay the anxiety of those who want to purchase land at reasonable prices and put their interests before the anxieties of the land speculators?
I will introduce legislation to establish a land commission as soon as possible. So far as my review of land use is concerned, I will be making a statement very shortly.
Is my right hon. Friend aware of the widespread satisfaction that at last we have a Government who are determined to take effective action in this matter? Will he not also agree that it is largely as a result of the previous Conservative Administration's failure to take any steps about land prices that they have got into such a bad state of affairs?