HC Deb 07 March 1905 vol 142 c571
DR. MACNAMARA

I beg to ask Mr. Chancellor of the Exchequer whether he will state who, in addition to himself, are the Commissioners for the Reduction of the National Debt; which, if any, of the Commissioners are in the habit of taking part in the proceedings of the Commissioners in relation to the Post Office Savings Bank Fund; by whom and on how many occasions has any part been taken in such proceedings during the tenure of office by the present Chancellor of the Exchequer; and were the Commissioners, collectively or separately, consulted as to the policy of suppressing the balance-sheet of the Post Office Savings Bank, and the intended omission of the deficiency from the finance accounts.

THE CHANCELLOR OF THE EXCHEQUER (Mr. AUSTEN CHAMBERLAIN, Worcestershire, E.)

The Commissioners for the Reduction of the National Debt are: The Speaker of the House of Commons, the Lord Chief Justice of England, the Master of the Rolls, the Paymaster-General, the Governor and Deputy-Governor of the Bank of England, and the Chancellor of the Exchequer. As far as I am aware, the Commissioners have not been summoned to meet since the establishment in 1861 of the Post Office Savings Bank. The business of the office is conducted by the Controller-General, with whom I am in frequent communication.