Mr. A. T. DAVIESasked the Chancellor of the Exchequer whether the Treasury Committee on Bank Amalgamations have considered and decided on request, for permission made for the absorption of the Palatine Bank of Manchester and the Halifax Commercial Banking Company by the Bank of Liverpool and Martin's, the West Yorkshire Bank by Lloyds, and the Sheffield Banking Company by the National Provincial; and, if so, what is the result?
Mr. CHAMBERLAINThe amalgamation of the West Yorkshire Bank with Lloyds Bank and of the Shelfield Banking Company with the National Provincial Bank has been authorised by the Treasury on the advice of the Advisory Committee, The proposed amalgamation of the Palatine Bank of Manchester and the Halifax Commercial Banking Company with the Bank of Liverpool and Martin's is now under the consideration of the Committee.