63. Mr. CATHCART WASON
asked the Chancellor of the Exchequer if he is aware that in the Dominions banks have to surrender to Government all deposits, securities, and articles of value unclaimed for a specified number of years; and whether, in view of the financial situation, he will consider the desirability of adopting a similar policy here, always safeguarding banks against loss?
§ Mr. McKENNA
I am aware that in some of the Dominions unclaimed balances may in certain circumstances be claimed by the State. With regard to the second part of the question, I would refer my hon. Friend to the answer I gave to the hon. Member for Caithness on the 21st March last, of which I am sending him a copy.