HC Deb 16 February 1905 vol 141 c319

I beg to ask the Postmaster-General whether, in addition to the enumeration of the securities, he will lay before the House a valuation on any given basis of the eighteen annuities for terms of years, being part of the securities standing in the names of the National Debt Commissioners on account of the Post Office Savings Bank on 31st December, 1903, as set out in his Fiftieth Report; if not, will he recommend to the Government the necessity to bring in a Bill to amend the law so that, in default of a balance-sheet as enacted by the Savings Bank Act, 1904, sufficient particulars may be given in his Annual Report to make it possible to value the securities.


Parliament has denned so recently as last year the nature of the information to be laid before, the House with regard to the securities held on account of the Savings Bank, and I am not prepared to recommend further legislation on the subject. It is proposed to lay before the House shortly a statement in the form which will be adopted under the Act of last year.