§ 60. Mr. FIELDasked the Chancellor of the Exchequer whether the Government, 1467 in view of the business of banking being a monopoly and in order to circumvent the danger of a money trust, will consider the desirability of limiting the profits to 5 per cent. on the paid up capital of banks; and whether the Government, in view of the money assistance given to Germany before the War, will call upon the great bank amalgamations to discount no German bills for some years after the War?
§ The JOINT FINANCIAL SECRETARY to the TREASURY (Mr. Baldwin)I do not think it is possible to take either of the steps suggested.
§ Mr. FIELDCan the hon. Gentleman explain why it is not possible when similar steps are taken with regard to other interests?
§ Mr. BALDWINIt would take a longer reply than could be given in answer to a question.