§ 3. Sir S. McAddenasked the Prime Minister how long is the tenure of office of the Governor of the Bank of England.
§ Mr. George BrownI have been asked to reply.
Five years, Sir.
§ Sir S. McAddenCan the right hon. Gentleman say whether there has been any recent attempt to terminate this tenure of office by premature resignation and, if so, why?
§ Mr. BrownThat does not seem to arise on this Question. I answered the Question as it was put down.
§ Mr. Biggs-DavisonAre not the Labour Government very much beholden to the Governor of the Bank of England? Have they not changed the slogan "Workers of the World, Unite" into "Bankers of the World, Unite" to save sterling from Socialism and the Socialists from themselves?
§ Mr. SpeakerOrder. No word of that arises from the Answer.