HC Deb 05 February 1908 vol 183 c858
MR. BOTTOMLEY (Hackney, S.)

I beg to ask Mr. Chancellor of the Exchequer whether he is aware that a considerable amount of money is at present in the hands of the bankers of the United Kingdom in respect of dormant balances and obsolete accounts; and whether he will consider the desirableness of introducing legislation to compel the handing over of such sums to the Department of the Public Trustee.

THE CHANCELLOR OF THE EXCHEQUER (Mr. ASQUITH,) Fifeshire, E.

There is, so far as I am aware, no evidence available as to the total amount of such unclaimed deposits, which may or may not be considerable; and, under the law as it at present stands, the State has no claim to them. I do not think there would be any advantage in transferring such funds from the custody of the persons at present accountable for them to that of the Public Trustee.