§ 57. Sir ROBERT HUTCHISONasked the Chancellor of the Exchequer the cost of the administration of the National Debt, including the distribution of dividends and registration of transfers for the financial years 1913–14, 1924–25, and 1926–27, respectively?
§ Mr. CHURCHILLThe payments to the Banks of England and Ireland for 1913–14 for the management of £655 millions of Dead Weight Debt was £162,320. The corresponding payments for 1924–25 989 and 1926–27 on £5,977 millions and £5,964 millions of Debt respectively were £1,049,866 and £928,497.