HC Deb 20 March 1918 vol 104 cc984-5
63. Mr. G. FABER

asked the Chancellor of the Exchequer how many naturalised Germans and Austrians, and how many enemy aliens, are still employed in the London branches of the Deutsche Bank, the Dresdner Bank, and the Disconto-Gesellschaft?

Mr. BONAR LAW

Eighteen naturalised British subjects, three German, and one Austrian subject.

Mr. FABER

As I understand no banking is done in the bank, why should there be any Germans at all?

Mr. BONAR LAW

I have spoken today to the Controller on the subject, and he informs me that the experience of these men is absolutely necessary in the work that has to be done.

Mr. FABER

Inasmuch as it is well known, from instances in other countries, that these banks are centres of Boloism and spying, would it not be better to do away with these men altogether?

Mr. BONAR LAW

My hon. Friend knows something about banking, and he must be aware that these banks are kept going, not for the sake of the German shareholders, but for the sake of British and Allied creditors. Any danger of that kind does not exist.