HC Deb 24 June 1918 vol 107 c713
55. Mr. R. McNEILL

asked the reasons which have led the Government to decide that it is not possible to introduce legislation to deal with the question of German banks and banking in the United Kingdom after the War without at the same time dealing with other matters?

Mr. BONAR LAW

The question of imposing restrictions on trading by enemy banks in this country after the War is only one aspect of the general question of the future trade relations between the United Kingdom and enemy States. In my opinion there would be no object in dealing separately with enemy banks.

Mr. McNEILL

Has not my right hon. Friend said that it was impossible to deal with this question apart from others that were connected with it?

Mr. BONAR LAW

No. What I meant was that it was perfectly useless to deal with one aspect of a general question by itself.

Mr. McNEILL

Having regard to the fact that many other people hold a different opinion, will my right hon. Friend reconsider the matter?

Mr. BILLING

Is not the inability of the Government to deal with this question due to the German banks financing British parties?