§ MR. COOPEasked Mr. Chancellor of the Exchequer, Whether the Government is prepared to introduce any measure, which, by means of public audit or otherwise, may prevent the evils to which depositors as well as proprietors of Joint Stock Banks are at present exposed through the defective state of existing legislation affecting them?
§ THE CHANCELLOR OF THE EXCHEQUER,in reply, said, it was difficult to answer a Question put in terms so wide without entering into a lengthened statement beyond the limits of an answer. He might, however, inform his hon. Friend that the Government did not intend to introduce any extensive measure such as he, perhaps, had in his mind when he referred to the public audit of joint-stock banks; but, at the same time, they did contemplate the probability of their having to introduce a measure with regard to banks which he would take an opportunity to explain to the House in order to meet certain difficulties which had arisen in the constitution of such banks.