HC Deb 05 February 1918 vol 101 cc2093-4
67. Mr. R. LAMBERT

asked the Chancellor of the Exchequer whether he will next Session introduce legislation to repeal the Bank Charter Act of 1844?

69. Sir E. LAMB

asked the Chancellor of the Exchequer whether his attention has been drawn to the speech of the chairman of the London City and Midland Bank, Limited, at the general meeting of the bank on the 29th ult., in which he urged the appointment of a Committee, consisting of six of the most experienced bankers in the United Kingdom, to take into consideration the question of repealing the Bank of England Charter Act of 1844; and, if so, whether he is prepared to appoint such a Committee?


The suggestion referred to in these questions has been anticipated by the Government by the appointment of the Committee on Currency and the Foreign Exchanges announced on the 10th ultimo. The great majority of the members of this Committee are bankers of very wide experience. The conditions governing the note issue of the Bank of England will necessarily be one of the most important matters which they will have to consider.

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