§ 50. Mr. KELLYasked the Chancellor of the Exchequer whether ho will include in the terms of reference of the committee to be appointed to re-examine the Companies Acts power to consider proposals that the London clearing banks and Scottish banks should show in their published accounts the average daily amounts held by them of deposits, sterling bills, and acceptances outstanding, on account of banks with head offices abroad, oversea Governments, and oversea customers, as shown in table 9 (page 299) of the appendix of the Macmillan Report?
§ Mr. P. SNOWDENNo, Sir. The actual proposals of the Macmillan Committee for the collection and publication of these statistics are contained in paragraph 413 of their report and are under consideration. But they make no suggestion for the publication of such returns by individual institutions, and I can see no connection between this subject and the Companies Acts.