§ Mr. Tinker
asked the Chancellor of the Exchequer why another £50,000,000 has been added to the fiduciary issue?
§ Sir J. Anderson
The continuing growth in the circulation is no doubt due primarily to a continuing increase in the volume of wage payments. It is also probably true that too many notes are still being hoarded; it would be very much in the 735W interests both of the hoarders and the State that these surples notes should be deposited in a bank or invested in war loans.