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Mr Henry Cautley: Is that the way banking business is conducted? It seems a very vague statement to make.
Mr Henry Cautley: I am surprised that the hon. Gentleman should make such a statement.
Mr Henry Cautley: As Chairman of the Committee, I do not propose to take any part in the Debate of a partisan character at all, and it is on questions of fact only that I rise now. In existing conditions the constituent members of the Combine have a common fund and common management. During the course of their existence they have in fact—not in terms— pledged their common fund to provide for losses such as...
Mr Henry Cautley: It will come out again.
Mr Henry Cautley: That is right.
Mr Henry Cautley: There is no difference unless some catastrophe arises where the fund does not provide for the existing charges, including the charges of the Treasury. If a catastrophe did arise,
Mr Henry Cautley: I rejoice that this Bill is about to pass the Third Reading. I would only say that I think the hon. Gentleman the Member for Burslem (Mr. MacLaren) was quite wrong—[Interruption.]
Mr Henry Cautley: I think that the hon. Member was not quite correct as to the cost of reconstruction. As I understand the Bill, the private owner who has a bridge reconstructed either by agreement or by order of the Minister will be expected to pay a fair share of all liabilities. [Interruption.] The Minister has to apportion a fair share as to the reconstructed cost, and the private owner will, in my...
Mr Henry Cautley: Is not this the broad dividing line, that where no personal profit is made out of these whist drives there is no illegality and the police do not interfere?
Mr Henry Cautley: £200,000,000.
Mr Henry Cautley: What have you done to stop it?
Mr Henry Cautley: This is not the scheme that I advocated.
Mr Henry Cautley: If they do the work themselves, they are exempt.
Mr Henry Cautley: Nine-tenths of the speech of the hon. Member for Hills-borough (Mr. A. V. Alexander) was directed towards proving the urgency of this matter and the remaining tenth of his speech directly contradicted that point of view. I agree with the hon. Member as to the nine-tenths. My reason for intervening in this Debate is that I was a member of the Joint Committee which sat for 37 days considering...
Mr Henry Cautley: There are only a few words which I desire to say on this matter. In the first place, I should like to ask the House whether it is right or fitting that the hon. Member for Burslem (Mr. MacLaren) should speak in the terms that he did of a very well-known man, Sir Joseph Burn. I consider that he was unfair in what he said with regard to a mere occasional conversation. We have only heard the...
Mr Henry Cautley: I was a member and took a rather prominent part in the proceedings of the Committee which was appointed by the House in 1923 thoroughly to investigate the relations that existed between the large collecting societies, the smaller collecting societies and the people who insured with them. We sat for many days. We investigated the charges of harshness and oppression that were made against the...
Mr Henry Cautley: In so far as there were any grievances they concerned lapsed policies, and we put provisions in the subsequent Act for altering the conditions of the law in this respect. This Bill rather extends that principle in the case of young children. Mr. Mashford did not particularly raise this point. It was one of the questions into which we were appointed to inquire; and we did investigate it. A...
Mr Henry Cautley: Is the monopoly in this country under any control?
Mr Henry Cautley: Was not the Wood Renton Committee appointed to make awards?
Mr Henry Cautley: Arcs the Committee's awards, then, to he disregarded?