HC Deb 06 May 1907 vol 173 cc1319-20
SIR THOMAS ESMONDE

To ask Mr. Chancellor of the Exchequer if, in view of the advantage derived from the arrangement made by his predecessor for the payment of interest on the credit balances and deposits of Irish Government Departments in Ireland, he will arrange for the payment by the Bank of England of interest on all moneys due to or coming from Ireland from the 31st March last.

(Answered by Mr. Asquith.) The circumstances of the two banks are not the same. The Bank of Ireland, as I understand, allows deposit interest on other accounts, and was able therefore to extend the same treatment to certain Government accounts without an in fraction of its rules. The Bank of England never allows interest on deposits.