HC Deb 20 March 1876 vol 228 cc271-2
Mr. FAWCETT

asked Mr. Chancellor of the Exchequer, Whether, since it appears that there is a deficiency of more than £4,000,000 in the funds possessed by the National Debt Commissioners to meet their liabilities to the Trustees of Savings Banks and Friendly Societies, it is his intention to introduce during the present Session any measure relating to the subject?

THE CHANCELLOR OF THE EXCHEQUER

, in reply, said, that if he had time he should be glad to introduce a measure on the subject in the present Session. Still, the matter was not very pressing. But he could not answer the hon. Member's Question without pointing out that the deficiency did not in any way imply any insecurity. He was extremely anxious that no impression should go abroad that there was the slightest reason for thinking the deficiency would affect the security of the deposit.