HC Deb 12 August 1919 vol 119 cc1107-8W
Commander BELLAIRS

asked the Chancellor of the Exchequer whether he has any figures as to the national savings in the banks which can be used for purposes of comparison with the increase of deposits in the United States banks other than national, which rose from 6,147,592,232 dollars in 1913 to 7,727,007,971 dollars in 1918; and, if so, whether he can state them?


No, Sir. I fear the difference between the two countries make any such comparison almost impossible without very detailed examination of the figures. The Committee on Currency and Foreign Exchanges held that the total deposits in banks in the United Kingdom (other than the Bank of Ireland) rose from £1,070,681,000 on 31st December, 1913, to £1,742,902,000 on 31st December, 1917.