§ 46. Mr. Stokes
asked the Chancellor of the Exchequer whether he will furnish the latest figures of the increase in total bank deposits since 1st August, and state as far as he is able the origin of such increase?
§ The Chancellor of the Exchequer (Sir John Simon)
This information is not issued through any official agency. So far as the clearing banks are concerned, the figures are published by the banks themselves regularly in the Press.
§ Mr. Stokes
Does not the Chancellor think that since Parliament has, obviously, no control over the issue of credits, it would be as well to abandon all pretence that we have really any control over the monetary system?