HC Deb 07 May 1896 vol 40 cc736-7

I beg to ask Mr. Chancellor of the Exchequer—(1) whether he has any official information with respect to the allegation that many persons have deposited in single sums the whole amount allowed to be deposited in Savings Banks in one year; (2) what is the total number of depositors in Trustee and Post Office Savings Banks, the average amount of each deposit account, and the average sums paid in and drawn out by each depositor during the year 1895; and (3), what percentage the accounts which have reached their full limit bear to the total number of current deposit accounts?


With regard to the first paragraph of the Question, the figures given by me in my Budget speech were Official, but they related only to Post Office Savings Banks. With regard to the Trustee Savings Banks, the information could only be obtained by a circular to all the Banks. The same remark applies to the last paragraph of the Question. The other figures asked for can be given, and, if the hon. Member will put a Notice on the Paper for a Return, I will consider it.