§ MR. HOWELLI beg to ask the Chancellor of the Exchequer whether he can inform the House as to the progress made in the liquidation of the Cardiff Savings Bank; and whether any further amount has been paid to the depositors in the shape of dividend; and, if so, how much?
§ MR. GOSCHENI am informed by the official liquidator that the amounts at present recovered are not sufficient to enable him to apply for leave to pay any further dividends. Four trustees and managers, and the representatives of three deceased trustees and managers, have made payments to the liquidator which the Court have permitted him to accept in full settlement of the claims on those gentlemen. Proceedings, however, are in progress against a number of the trustees and managers who declined to admit any liability; and under these circumstances, the hon. Member will understand that I am not in a position to make any statement at present as to the prospect of a dividend.