§ 8. Mr. RONALD McNEILLasked the President of the Board of Trade whether he is aware that the firm of Von der Heydt and Company, of 6, Austin Friars, consisted, at the outbreak of war, of three Germans, two of whom returned to Germany and one, Von Andreae, was left to carry on the business; that the latter subsequently took into partnership an English clerk who was called up for military service last year; and that in consequence of 7 action in Parliament a controller was appointed, who is still keeping on the business; and if he will say why this small German bank has not been wound up long ago?
Sir A. STANLEYA winding-up order was made in this case on the 11th June, 1917, and the winding-up is now practically completed. Having regard to the complicated questions arising in the course of the winding-up, the matters that it has been necessary to submit to the Court for consideration, and the large number of securities that have had to be vested in the Public Trustee, I am of opinion that the winding-up has been conducted with due expedition.
§ Mr. McNEILLWill the right hon. Gentleman answer the first two parts of the question with regard to the position of this firm at the time of the outbreak of War?
Sir A. STANLEYI am sorry I have not the official information. If the hon. Gentleman will put down a question I will answer it.