HC Deb 31 July 1930 vol 242 c697
57. Mr. HAMMERSLEY

asked the Chancellor of the Exchequer the nationalities and salaries of the occupants of the following positions under the Young plan: president, vice-president, and director-general of the Bank of International Settlements?

Mr. P. SNOWDEN

The president of the Bank of International Settlements is a national of the United States of America. The two vice-chairmen are of British and German nationality, respectively; and the director-general is of French nationality. I have no information as to the remuneration attached to these posts.

Mr. HAMMERSLEY

Is the Chancellor of the Exchequer not aware that when addressing the House during the Committee stage of the Finance Bill I stated that these officers were not English people, and the Chancellor of the Exchequer corrected me? Was he not speaking under a misapprehension?

Mr. SNOWDEN

No, I very well remember the point, but it was not the officers to whom the hon. Member has referred. I think he referred specially to officials of the bank.

Mr. HAMMERSLEY

It was specifically to those officers that I referred.