HC Deb 03 June 1937 vol 324 c1163
39. Mr. Craven-Ellis

asked the Chancellor of the Exchequer what is the present contingent liability of the Treasury in respect of any deficit that may arise in connection with the Issue Department of the Bank of England under the provisions of the Currency Act, 1928; and can he furnish an estimate of the notes issued which are held in the United Kingdom and abroad, respectively?

Sir J. Simon

In reply to the first part of the question, no such liability as my hon. Friend alludes to attaches to the Treasury. In reply to the second part, it is not possible to frame the estimate desired.