Frederick Debartzch Monk
Conservative (1867-1942)
Mr. MONK.
I -could not consent to that, not because I do not wish to accommodate my hon. friend, but the principle is at stake. I think the suggestion of my hon. friend the Minister of Finance is a more Mr. CARVELL.
reasonable and a wiser one, -because the principle is too important for us to allow it to be adopted under the conditions which exist at present. I would be quite prepared to change -my motion to a motion for the adjournment, but my hon. friend must see that if we allow the second reading of the Bill to be adopted to-night, the principle of the Bill is adopted, and I think it would entail to grave consequences to do anything of the kind by consent.
Mr. -MILLER. If we allow this Bill to pass its second reading on condition that it be referred to the Banking and Commerce Committee for the reasons I have stated, we are not accepting the principle of the Bill.
Amendment (Mr. Monk) agreed to, and debate adjourned.