HC Deb 19 February 1917 vol 90 cc1083-4

Resolution reported, "That a sum, not exceeding £4,675, be granted to His Majesty, to defray the Charge which will come in course of payment during the year ending on the 31st day of March, 1917, for making good the Net Loss on Transactions connected with the raising of Money for the various Treasury Chests Abroad in the year 1915–16."

Motion made, and Question proposed, "That this House doth agree with the Committee in the said Resolution."

Mr. KING

This is an amount which I think rather large, and as to which we ought to have an explanation. "Various Treasury Chests Abroad" are mentioned. I think we ought to be told which of these Treasury Chests are referred to.

Mr. BALDWIN

Every year there are published full particulars of the transactions of the Treasury Chest. I should like to add that if the hon. Member thinks the amount voted this year rather large, the transactions have been very large, and the actual cost to the Treasury of making these payments all over the world to people who are serving works out at some-think like one-tenth of 1 per cent, of the turnover.

Question put, and agreed to.