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Black Market Payments

Volume 416: debated on Tuesday 20 November 1945

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55.

asked the Chancellor of the Exchequer if, in order to check black market transaction payments being made in £1 notes, he will consider making payments of over £10 by crossed cheque compulsory, with long-term imprisonment for default.

No, Sir. Such a law would be an unjustifiable infringement of individual liberty and could not, in any case, be enforced.

Is the Chancellor of the Exchequer aware that a very undesirable type of trader goes round the small manufacturers, tempting them with big bundles of pound notes to sell job lines, and tempting many of them in a way in which they ought not to be tempted? Will the right hon. Gentleman look into the matter?

Is the right hon. Gentleman aware that a number of smartly dressed gentlemen on the racecourses of this country are offering £75 for £50 winning tote tickets, and can he give the House an explanation?