Oral Answers to Questions — Bank for International Settlements

Part of the debate – in the House of Commons on 1st October 1942.

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Photo of Mr George Strauss Mr George Strauss , Lambeth North

In view of the fact that the great majority of the shares are owned by the Nazis, either directly or indirectly, would it not be very much more satisfactory if the British Government and the Bank of England dissociated themselves from the Bank for International Settlements by withdrawing any representation and arranging that their interests should be looked after through Swiss sources—by Swiss bankers?