Mr Alfred Short: ..., but on the profits of trusts in the same sense as we put a limit on the dividends of gas companies and companies of that kind. Further, I would like to see some action taken to prevent gambling and speculation in ships. When I read of ships that a few years ago cost £35,000 being sold for £200,000 or £225,000 I ask myself if such speculations are not serious contrubuting factors to...
Mr Noel Billing: Does the hon. Gentleman agree to the subsidisation of this industry, which is as important as many others in which the Government have been gambling?
Sir John Butcher: ...proviso of this sort, these Parliaments must necessarily come into existence, at the latest, 15 months after the Act has been passed. I ask the Committee, would it not be a desperately dangerous gamble to set up a Parliament with these wide powers in the South of Ireland—I say nothing about the North, which, perhaps, could be trusted—in the midst of such a state of disorder and chaos,...
Mr Stanley Baldwin: ...to 40 per cent. This came from more than one part of the House and perhaps the point should be answered. It must be clear to hon. Members that the Chancellor of the Exchequer cannot enter into a gamble of that nature at this period. The Clause under the original Act has been law from the beginning. The provisions laid down under this Clause have been acted upon. Hon. Members who have...
Mr George Edwards: ...own county to-day 500 agricultural labourers standing by for want of work! I heard a question asked of the Minister of Health why this was so. I think I can give the reply. It is largely due to the gambling which is now going on in land. It is also due, in part, to the bad farming which has been prevalent for many years. That is responsible for the great decrease in the number of men...
Mr Arthur Samuel: ...of the East and silver. I do not want a high rupee or a low rupee, a high tael or a low tael. All I want is that when a man in the East buys goods from Lancashire he can always buy without a gamble in exchange. What we want is a stabilised exchange with India and the East working with 15½ to 1 in Washington and Paris, and therein, I think, lies part of the ultimate solution of our...
Sir James Grant: Of course, I accept his statement at once, but it does not make any difference to that part of my argument, namely, that in certain districts you will go in for a speculation, and a very gambling speculation, which will involve ratepayers in other parts of the county who will gain no benefit whatsoever from such an undertaking. As I say, it is a gamble, and I submit that the case in detail is...
Mr Thomas Broad: ...to the Bill we must accept the offer made to us by the mover; we must save our children from this influence, from this atmosphere, and we must accept the removal of this Clause. With respect to gambling, the proposal is the beginning possibly of a great evil. Gambling is recognised as one of the great evils of the land. It may seem a trifling beginning. To my hon. and gallant Friend stakes...
Mr Horatio Bottomley: ...a modest £12,000,000 to go on with, with an annual contribution in the future. There are many other things I do not want to keep up my sleeve. Let there be a tax on betting and on every form of gambling. Continental countries reap huge sums in that way. In France the tax is called the "right of the poor," and they distribute the sum obtained among the poor, the hospitals, etc. There are a...
Mr Godfrey Collins: ...uncertainty and so creates bad trade. The right hon. Gentleman told the House, with truth, of the serious unemployment in this country. No one denies it, but is a time when trade is bad a time to gamble with our fiscal system? When this country is facing—and I believe will face successfully—the gravest financial crisis in her history, the right hon. Gentleman comes to this House, and,...
Colonel Josiah Wedgwood: ...is not a policy which I would recommend, but at any rate it is a forcible, determined, and clear policy. The second policy is the one which the Government are following—waiting on events. It is a gambling policy. They do not know from day to day whether the Turks are going to drive back the Greeks or whether the Greeks will succeed in defeating the Turks. But meanwhile they are risking...
Colonel Josiah Wedgwood: ...able to hold Iraq with 12 battalions. To have suggested that before this visit to Cairo would have been laughed out of court, and it is obviously, from the right hon. Gentleman's speech to-day, a gamble at the present moment, but I am not at all certain that it is not a gamble into which I would have gone myself, and I am not at all certain that this gamble, in the right hon. Gentleman's...
...a new journalistic enterprise by a Member of this House, and explaining that a novel feature would be the distribution of a large sum of money to readers of the enterprise free from the element of gambling and involving no coupon or such like formality, was printed on the back of the official notice enacting that the postponed Census would be taken on Sunday of this week; was this...
Mr Oswald Mosley: Before we leave this Vote and subscribe yet another £15,000 to the Government's latest speculation in oil, we might at least inquire whether or not the gamble prospers. After all, the other little enterprises of the Govern- ment of a similar nature have not been altogether successful. The celebrated case of Nauru Island, which was held out as a very good bargain, did not mature. The good...
Sir John Butcher: ...indications that there will be in Ireland as well as in America a strong party hostile to any goodwill. Therefore, I confess that I can see little hope of it coming about. The truth is that we are gambling to-day on this goodwill. It is a desperate venture. We are gambling with the security of the Empire. The stake is too great for the chances of success. There are other things in this...
Mr Rupert Gwynne: ...Collins and Mr. Arthur Griffith and their confederates are genuinely out now for a settlement, supposing they have really reformed, does the right hon. Gentleman not think it is a most gigantic gamble to trust to the virtue of four men to keep the whole of Ireland quiet? After all, they have not been able to keep the terms of the truce, for, with the best intentions, it was broken,...
Mr Maximilian Townley: ...in their land, both large holders and small holders. The repeal of the guarantee for produce was a staggering blow to agriculture. At that time the Minister of Agriculture made probably the largest gamble in futures of wheat which was ever made in the world, at any rate since the great Leiter[...] corner. When he made that gamble I am bound to say that as far as this House was concerned he...
Mr William Adamson: ...price, or in running the industry. The mineowners, too, have recently said that they are not even going to be consenting parties to Part II of the Act of 1920. They, by this Agreement, are simply gambling with the wages of the men. Are the Government prepared to do anything by way of remedying this deplorable condition of affairs in the Scottish mining industry? My suggestion is that they...
Colonel Josiah Wedgwood: ...Foreign Office under the rulership of Lord Curzon wished to bring in Persia as one of the protected States within the British Empire. We suspected that policy just as the Persians suspected it. The gamble was not worth it. It has resulted in the loss of our money and of our reputation in the East, and our prestige and position are now far lower than they were before the policy was undertaken.
Major Sir Archibald Boyd-Carpenter: ...have they to ask us to support the Government in this Bill when the sole thing that they can put forward for our consideration is the expression of a pious hope? We have heard a good deal about gambling in futures. I have no personal acquaintance with that process, but I am told it is tricky and risky, and I am also told that the results sometimes are dangerous. On this question I am sure...