§ MR. HOWELL (Bethnal) Green, N.E.I beg to ask the Chancellor of the Exchequer whether he is aware that the limits of £30 in one year, and the maximum limit of £200, prescribed by law for deposits in Trustee Savings Banks were habitually violated at the Chelsea Savings Bank, and that, by the advice or connivance of the officials of that bank, some depositors opened four or five accounts; whether any report upon this subject has been received by the official liquidator; and whether any claim has been preferred by the National Debt Commissioners against the trustees and managers for interest obtained from them on such illegal accounts?
§ MR. GOSCHENThere is no doubt that excessive deposits have, in many 13 cases, been permitted, and that there have been grave irregularities. Connivance (whether active or passive I cannot say) on the part of some of the officials there must have been. I have not seen any report to the official liquidator upon this subject. No claim has yet been preferred by the National Debt Commissioners, as they have not as yet official information on this point, but the matter will not be lost sight of.