It's there to reduce the chances that the 300B will oscillate, generating lots of radio-frequency electronic noise, w2asting power, and distorting the signal.
Except in severe cases, it is usually difficult to know whether oscillation is a problem; often it occurs only under certain signal conditions. Consequently, there is no good estimate of how common a problem it is.
Some people say that amps sound better without a grid stopper. Having experienced a severely oscillating 2A3 in an early prototype, I personally won't build an amp without them, but not everyone agrees.