Orders of the Day — BANK OF ENGLAND (re-committed) BILL

Part of the debate – in the House of Commons at 12:00 am on 17 December 1945.

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Photo of Sir Isaac Pitman Sir Isaac Pitman , Bath 12:00, 17 December 1945

May I take the opportunity of asking the Chancellor to give us two assurances, one of which he might wish to give us, and about the other I am less sanguine. The first is that in this matter of "greater or less," he will make a disclosure of what the distribution by the Bank is to the Treasury? It seems to me that just as the ordinary company discloses what its distribution is, so the Bank of England, with its one sole proprietor, should disclose to the world, for the benefit of depositors and others, what it is, and it seems to me that in the Charter of the Bank, the right hon. Gentleman should undertake that the information will be given.