57. Major NEWMAN
asked whether, in view of the assistance in the successful floating of the Victory and War Loans given by the management and staffs of banking establishments throughout the country and the extra time and work which such assistance has entailed, he proposes to recognise the same in some special way on the conclusion of the flotation of the present Loan?
The remuneration to the banks for their services in connection with the Loan is fully provided for, and I must leave it to the banks themselves to make such arrangements as they think proper for their staffs.
The actual remuneration is provided for in the terms of the Loan, and the banks also have the use of the money for a certain period.